{"@context":"https://schema.org","@type":"DefinedTerm","name":"Transaction Value Method","description":"Unlike estimated or fallback approaches, the Transaction Value Method grounds customs valuation in the price actually paid or payable between buyer and seller for the specific shipment. Documented ancillary costs to the point of importation – freight, insurance, brokerage fees – are added to that base price. Enshrined in the WTO Customs Valuation Agreement, it is the globally mandated first step: customs authorities must exhaust this method before any secondary procedure applies. It fails in pra","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/transaction-value-method","inLanguage":"en","dateModified":"2026-06-26T16:20:04.608575","citation":"https://www.wto.org/english/tratop_e/cusval_e/cusval_e.htm","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/transaction-value-method","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Transaction Value Method · Unlike estimated or fallback approaches, the Transaction Value Method grounds customs valuation in the price actually paid or payable between buyer and seller for the specific shipment. · Quelle: https://www.wto.org/english/tratop_e/cusval_e/cusval_e.htm"}