{"@context":"https://schema.org","@type":"DefinedTerm","name":"Customs Duty Valuation Logistics","description":"Freight forwarders and customs declarants determine the customs value of a shipment using the methods established under the WTO Customs Valuation Agreement, with the transaction value – the price actually paid or payable – serving as the primary basis. This figure underlies the calculation of import duties, import VAT, and other charges, and must reflect all relevant cost elements: freight, insurance, and commissions are included or excluded depending on the agreed delivery terms. Accurate valua","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/customs-duty-valuation-logistics","inLanguage":"en","dateModified":"2026-06-23T18:59:50.524431","citation":"https://www.wto.org/english/tratop_e/cusval_e/cusval_e.htm","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/customs-duty-valuation-logistics","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Customs Duty Valuation Logistics · Freight forwarders and customs declarants determine the customs value of a shipment using the methods established under the WTO Customs Valuation Agreement, with the transaction value – the price actually paid or payable – serving as the primary basis. · Quelle: https://www.wto.org/english/tratop_e/cusval_e/cusval_e.htm"}