{"@context":"https://schema.org","@type":"DefinedTerm","name":"EU Customs Valuation","description":"At the point of import into the EU, customs authorities establish the customs value – the taxable base on which import duties, VAT, and other charges are assessed. EU customs valuation is governed by the WTO Customs Valuation Agreement, incorporated into domestic law through the Union Customs Code (UCC). The transaction value method takes precedence: the price actually paid or payable for the goods, adjusted where necessary to include costs such as commissions, royalties, or transport to the EU ","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/eu-customs-valuation","inLanguage":"en","dateModified":"2026-06-26T16:34:33.156550","citation":"https://taxation-customs.ec.europa.eu/customs-4/union-customs-code_en","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/eu-customs-valuation","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"EU Customs Valuation · At the point of import into the EU, customs authorities establish the customs value – the taxable base on which import duties, VAT, and other charges are assessed. · Quelle: https://taxation-customs.ec.europa.eu/customs-4/union-customs-code_en"}