{"@context":"https://schema.org","@type":"DefinedTerm","name":"provision of customs value","description":"When a shipment arrives at the border, providing accurate customs value information is the decisive step in clearing it without delay. The declarant—exporter, freight forwarder, or customs agent—submits to the customs authority all value-relevant data: purchase price, freight charges, insurance premium, and ancillary costs, enabling the authority to determine the duty-relevant value of the goods under applicable customs law. The transaction value method, prescribed as the primary approach under ","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/provision-of-customs-value","inLanguage":"en","dateModified":"2026-06-18T16:14:58.077494","citation":"https://www.zoll.de/EN/Private-individuals/Import-and-export/Value-of-goods/Value-of-goods.html","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/provision-of-customs-value","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"provision of customs value · When a shipment arrives at the border, providing accurate customs value information is the decisive step in clearing it without delay. · Quelle: https://www.zoll.de/EN/Private-individuals/Import-and-export/Value-of-goods/Value-of-goods.html"}