When a shipment arrives at customs without usable invoice data or with prices that appear inconsistent with market levels, the Identical Goods Method comes into play.
Source: https://www.wto.org/english/tratop_e/cusval_e/cusval_e.htm
Tools that match this term
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.