{"@context":"https://schema.org","@type":"DefinedTerm","name":"customs valuation process","description":"Unlike commercial cost-plus pricing, the customs valuation process follows a strict, legally defined hierarchy of methods. Transaction value – the price actually paid or payable for the imported goods, adjusted for certain additions such as freight and insurance to the point of entry – takes precedence and covers the vast majority of commercial shipments. Where transaction value cannot be established or accepted, for instance in related-party transactions where arm's-length pricing cannot be dem","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/customs-valuation-process-2","inLanguage":"en","dateModified":"2026-06-22T17:49:06.381399","citation":"https://www.wcoomd.org/en/topics/valuation/overview/what-is-customs-valuation.aspx","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/customs-valuation-process-2","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"customs valuation process · Unlike commercial cost-plus pricing, the customs valuation process follows a strict, legally defined hierarchy of methods. · Quelle: https://www.wcoomd.org/en/topics/valuation/overview/what-is-customs-valuation.aspx"}