Customs Value Adjustment
Customs valueArt. 71-72 – Regulation (EU) No 952/2013 (UCC)
PL: Korekta wartości celnej | DE: Zollwertanpassung
Definition
Customs value adjustment involves adding or deducting specified elements from the transaction price to establish the correct customs value of imported goods. Adjustment rules are governed by Art. 71 and 72 of the Union Customs Code.
Elements added to the price (Art. 71 UCC): transport and insurance costs to the point of entry into the EU customs territory, loading and handling costs, commissions and brokerage (except buying commissions), costs of containers treated as one with the goods, packaging costs, licence fees and royalties (if a condition of sale), value of assists (materials, tools, designs), and any part of resale proceeds accruing to the seller.
Elements not included in customs value (Art. 72 UCC): transport costs after entry into the EU customs territory, assembly and installation costs, interest on deferred payment, charges for reproduction rights in the EU, buying commissions, and duties and taxes payable in the EU. Correct customs value adjustment is crucial — incorrect addition or omission of elements can result in both understating and overstating the customs debt.
Elements added to the price (Art. 71 UCC): transport and insurance costs to the point of entry into the EU customs territory, loading and handling costs, commissions and brokerage (except buying commissions), costs of containers treated as one with the goods, packaging costs, licence fees and royalties (if a condition of sale), value of assists (materials, tools, designs), and any part of resale proceeds accruing to the seller.
Elements not included in customs value (Art. 72 UCC): transport costs after entry into the EU customs territory, assembly and installation costs, interest on deferred payment, charges for reproduction rights in the EU, buying commissions, and duties and taxes payable in the EU. Correct customs value adjustment is crucial — incorrect addition or omission of elements can result in both understating and overstating the customs debt.