GlossaryEN1 min readUpdated: Jun 18, 2026

customs value logic

Customs authorities and freight forwarders apply customs value logic to determine the dutiable value of imported goods in a methodically sound way.

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Last updated: 18 June 2026Published: 27 January 2026

Source: https://www.wcoomd.org/en/topics/facilitation-instruments/areas-of-work/analysis-and-guidance/customs-values.aspx

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Definition & Explanation

Customs authorities and freight forwarders apply customs value logic to determine the dutiable value of imported goods in a methodically sound way. The framework establishes which valuation methods must be considered and in what order: transaction value takes precedence, followed by the value of identical or similar goods, computed value, and finally a fallback method. The logic also specifies which cost elements – such as freight, insurance, and packing – must be added and which deductions are permissible. Its foundations rest on the WCO Customs Valuation Agreement, implemented in national legislation worldwide. It should be distinguished from a customs value analysis of a specific shipment: customs value logic refers to the overarching ruleset that underpins such examinations.

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customs value logic

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