Duties are calculated as a percentage of the value
Customs value – transaction value
Customs duties are calculated as a percentage of the value of
the product (ad valorem duties). Thus, a common definition of
the applicable customs value is necessary to ensure that duties
are imposed uniformly within the Customs Union.
There are different methods of determining the value of import-
ed goods. Normally, the customs value will be the “transaction
value”, which as a rule is the actual price paid or payable for the
goods when sold for export to the EU if this price is not subject
to certain restrictions in use (substantially affecting the value),
or to certain conditions not affecting the value and not infuenced
by the relationship between seller and buyer.
EU Forecast
euf:ba18f:85/nws-01