Valuation
Conditions of Sale in Valuation
Transaction circumstances affecting the acceptability of the price as the basis for transaction value.
Transaction circumstances affecting the acceptability of the price as the basis for transaction value.
Authorities analyze whether sale conditions (related parties, resale restrictions, additional payments, territorial exclusivity) affect the price paid as the customs value basis.
Transaction Value
The price actually paid or payable for imported goods, adjusted as prescribed by the WTO Valuation Agreement. It is the primary method for determining customs value.
ValuationRelated Party Transactions
A legal, commercial, or control relationship between buyer and seller in an international transaction—such as subsidiaries, partners, employer-employee, or family members—that customs authorities examine to verify that the transaction price is not influenced by the relationship and reflects actual market value.
ValuationCustoms Value Adjustments
Modifications to the price paid or payable that must be added or subtracted to determine the transaction value of goods.