Skip to main content
Celna24.com
Customs Glossary/WTO Customs Valuation Agreement

WTO Customs Valuation Agreement

Customs value

PL: Porozumienie WTO o wycenie celnej | DE: WTO-Zollwertabkommen

Definition

The WTO Agreement on Implementation of Article VII of GATT (Customs Valuation Agreement) establishes six methods for determining customs value, with priority given to the transaction value method. The agreement binds all WTO members and forms the basis of Articles 70-74 of the Union Customs Code.

Legal Basis

Art. VII GATT; Porozumienie o wycenie celnej WTO

Related Terms

WTO Customs Valuation Agreement — Customs Glossary | Celna24.com | Celna24.com