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Customs Glossary/Transaction Value of Identical Goods Method

Transaction Value of Identical Goods Method

Customs valueArt. 74 ust. 2 lit. a – Regulation (EU) No 952/2013 (UCC)

PL: Metoda wartości transakcyjnej towarów identycznych | DE: Transaktionswert gleicher Waren

Definition

The transaction value of identical goods method (Art. 74(2)(a) UCC) is the second valuation method, used when the transaction value method (Art. 70) cannot be applied. It uses the transaction value of identical goods (same in all respects) sold for export to the EU at or about the same time.

Legal Basis

Related Terms

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