Working out the customs value of your imported goods
How to work out the customs value for Customs Duty, import VAT and trade statistics if you’re an importer or clearing agent.
This collection brings together the relevant guides you will need to work out the customs value of your imported goods using one of the valuation methods.
Valuing goods can be complicated, so if you’re not an importer or clearing agent you may want to get someone to deal with customs for you.
Preparing to work out the customs value of your imported goods
Find out about the customs value and which valuation method to use for your imported goods.
Methods 1 to 6
Check detailed information on the different valuation methods to work out the customs value of your imports.
Valuing different types of imported goods
Find out how to work out the customs value for:
- free of charge goods, free of charge replacement goods, used goods, rented or leased goods
- lost, damaged or defective goods
- if you’re claiming inward or outward processing relief for the goods
- if transactions are between branch offices or include inter-company transfers and accounting
- if transactions are carried out by a selling agent
Delivery costs
Check the different types of delivery costs that you must include or exclude in the customs value.
Working out the value of import VAT
Find out how to use the customs value to work out import VAT and what to do if you cannot work out the value.
Rates of exchange
Check which rates of exchange you’ll need to use to work out the customs value of your imported goods if any amounts are shown in a foreign currency.
Different types of charges and fees
Check the different types of charges and fees that you must include or exclude in the customs value.
Get an Advance Valuation Ruling
Find out how you can apply for an Advance Valuation Ruling.