GlossaryEN1 min readUpdated: Jun 26, 2026
invoiced value
When a shipment arrives, the figure on the commercial invoice—the invoiced value—is the starting point for all subsequent calculations.
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Source: https://www.investopedia.com/terms/i/invoice.asp
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Logistics Concept
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Definition & Explanation
When a shipment arrives, the figure on the commercial invoice—the invoiced value—is the starting point for all subsequent calculations. It covers the purchase price stated on the invoice, plus any contractually agreed ancillary costs such as freight, insurance, or packaging, less any discounts actually granted. Customs authorities treat it as an initial benchmark against the declared customs value. It is not synonymous with the transaction value under WTO customs valuation rules: that concept is a standardised construct which can capture payments outside the invoice, such as royalties or proceeds of resale. A gap between the two is one of the most common triggers for a formal customs valuation inquiry.
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