Transaction value method
Applicability of the transaction value method
The transaction value method can only be applied if the product is sold for export to the EU. This means that ownership of the product is transferred from a buyer to a seller, and that the product is transferred to the EU in the context of that sales transaction.
The transaction value method cannot be used in any of the following cases:
- where there are restrictions as to the disposal or use of the goods by the buyer, other than those imposed by law or public authorities in the Union, limitations on the geographical area of resale, or restrictions that do not substantially affect the customs value of the goods;
- where the sale or price is subject to conditions or considerations for which a value cannot be determined with respect to the goods being valued;
- where part of the proceeds of any subsequent resale, disposal or use of the goods by the buyer accrues directly or indirectly to the seller, unless an appropriate adjustment can be made;
- where the buyer and seller are related and the relationship has influenced the price.
Commercial invoice
If the transaction value method is applied, the customer must always provide the terminal with the commercial invoice relating to the relevant transaction.
share that information with CS and provide substantiating documentation, such as an invoice.
CS requests the customer to provide the customs value.
determined in accordance with the transaction value method. In such cases, the import service can only be booked in Atlas once an invoice has been uploaded.
The primary method for customs valuation is the transaction value method, which is the price actually paid or payable for the goods
when sold for export to the EU.
In exceptional cases, no invoice relating to the relevant transaction is available at the time of lodging the import declaration. In such cases, a simplified
CS performs a check to see if the invoice is valid and meets all legal requirements.
such cases, the system requires an invoice