Accounting for imported goods

The customs value of a product is the value that is the basis for calculating taxes and customs duties. In the end, it largely depends on the criterion and characteristics of the delivery, as well as the specificity of the supplied product.

In accordance with the Agreement on the determination of the customs value of products transported across the customs border of the Customs Union (hereinafter referred to as the Agreement), the basis for its determination must be the value of the transaction (to a very likely extent) with these products. Imagine one fact that, in other words, the cost practically paid or payable for these products when they are sold for export to the common customs area of ​​the Customs Union.

Articles 2 and 4 of the Agreement

With all this, the Agreement establishes that when determining the customs value, costs are added to the value practically paid (payable) for products in the amount in which they were incurred (subject to implementation) by the buyer, but not included in the cost, practically, as people are used to expressing, paid or payable for imported products:

remuneration to intermediaries (agents) and brokers associated with the purchase of the evaluated (imported) products;

the cost of packaging (if it is considered as a whole with imported products);

packing costs, including the cost of packing materials and packing work.

In addition, in the customs value, in general, it can be cut, in a suitable way, the distributed value of products and services, directly or indirectly provided by the buyer to the merchant.

The customs value, so to speak, can include subsequent products and services, directly or indirectly, as we used to say, provided by the buyer to the trader free of charge or at a reduced cost for use in connection with the creation and sale of the estimated (imported) products for export to the common customs area of ​​the Customs Union, in an amount not included in the price, practically, as many put it, paid or payable form Accountants Walsall:

a) raw materials, materials, parts, semi-finished products, and similar items that make up the imported products;

b) tools, stamps, forms, and other similar items used in the production of imported products;

c) materials consumed in the production of imported products;

d) design, development, engineering, design work, decoration, design, sketches and drawings made outside the common customs area of ​​the Customs Union, and necessary for the production of imported products;

3) part of the income (proceeds) acquired as a result of the next sale, disposal by another method or the use of imported products, which is directly or indirectly due to the merchant;

4) costs of transportation (transportation) of products to the airport, seaport, or another place of arrival of products to the common customs area of ​​the Customs Union;

5) expenses for loading-unloading, or reloading products and carrying out other operations related to their transportation (transportation) to the airport, seaport, or another place of arrival of products to the common customs area of ​​the Customs Union;

6) insurance costs in connection with the operations specified in subparagraphs 4 and 5 of paragraph 1 of the true article;

7) license and other similar payments for the implementation of intellectual property (including payments for patents, trademarks, rights of the author) that relate to the evaluated (imported) goods and which either directly or indirectly produced or must be made by the client as a condition for the sale of the evaluated products, in the amount not included in the cost, practically paid or payable for these products.