Are you clear on which delivery costs must be included in customs valuation? Discover which costs are essential for compliance and avoid costly mistakes.
As an importer, exporter, or customs professional, you know how essential it is to determine the correct customs value for your goods. This process can get complex when it comes to delivery costs. Knowing which transport-related expenses should be included or excluded in the customs value can save you from unexpected costs and compliance issues. Whether you’re dealing with international trade in the EU, UK, or the US, understanding the ins and outs of customs valuation is crucial for your business.
In this blog, we will break down the various types of delivery costs involved in customs valuation and give you the insight you need to get it right. Whether it’s transport surcharges, insurance costs, or the place of introduction, we’ll explore each component in detail, so you can confidently navigate the customs process.
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Key Questions Covered in This Blog:
What delivery costs must be included in the customs value?
How do you determine the place of introduction for goods?
What transport surcharges must be included?
Which transport costs can be deducted?
How do you account for local transport costs in customs valuation inside your country?