Transaction Value
Customs valueArt. 70 – Regulation (EU) No 952/2013 (UCC)
PL: Wartość Transakcyjna | DE: Transaktionswert
Definition
Transaction value is the price actually paid or payable for goods when sold for export to the EU customs territory, i.e., the total payment made or to be made by the buyer to the seller or to a third party in connection with the transaction. It includes all payments made as a condition of sale, including those made to third parties (Art. 70 UCC).
Transaction value may include: the invoice price of goods, additional payments (e.g., for moulds, tools), licence fees related to the goods, and other considerations. It does not include: interest on deferred payments, charges for the right to reproduce goods in the EU, buying commissions, or post-importation charges (assembly, installation, servicing).
For the transaction value to be accepted as customs value, conditions specified in Art. 70(3) UCC must be met: there are no restrictions on the disposition of goods (except permissible ones), the price is not subject to conditions that cannot be valued, the seller does not participate in resale proceeds (unless an adjustment can be made), and any relationship between the parties does not affect the price.
Transaction value may include: the invoice price of goods, additional payments (e.g., for moulds, tools), licence fees related to the goods, and other considerations. It does not include: interest on deferred payments, charges for the right to reproduce goods in the EU, buying commissions, or post-importation charges (assembly, installation, servicing).
For the transaction value to be accepted as customs value, conditions specified in Art. 70(3) UCC must be met: there are no restrictions on the disposition of goods (except permissible ones), the price is not subject to conditions that cannot be valued, the seller does not participate in resale proceeds (unless an adjustment can be made), and any relationship between the parties does not affect the price.