{"@context":"https://schema.org","@type":"DefinedTerm","name":"Customs Value Declaration","description":"When filing a customs entry, brokers, freight forwarders, and importers must substantiate the customs value of the goods – that is, the dutiable price or value on which import duties are calculated. Under WTO customs valuation rules (the GATT Customs Valuation Agreement), the primary method is the transaction value: the price actually paid or payable, adjusted for costs such as freight and insurance to the point of importation. Supporting evidence typically includes commercial invoices, proof of","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/customs-value-declaration-3","inLanguage":"en","dateModified":"2026-06-26T21:11:45.030875","citation":"https://www.wto.org/english/tratop_e/cusval_e/cusval_e.htm","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/customs-value-declaration-3","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Customs Value Declaration · When filing a customs entry, brokers, freight forwarders, and importers must substantiate the customs value of the goods – that is, the dutiable price or value on which import duties are calculated. · Quelle: https://www.wto.org/english/tratop_e/cusval_e/cusval_e.htm"}