European Union
Customs value in European Union
Customs valuation
CIF-type basis — transport and insurance to the border are included
Transaction value (UCC Art. 70) plus the elements of Art. 71, including transport, insurance, loading and handling costs up to the place where the goods enter the customs territory of the Union.
Regulation (EU) No 952/2013 (UCC), Arts. 70–71 · European Union (EUR-Lex)
Under this basis the invoice is only the starting point. LandedGrid uses your Incoterm to decide which transport costs are inside the price, then adds or removes them, and adds packing, selling commissions, assists and royalties where you report them. If the sale is between related parties or there is no sale, the transaction value method may not be available and the calculation stops at “valuation review required”.
What LandedGrid does not calculate for this destination
- quotas: Weekly Commission quota balances are matched by origin and period. Licence-managed, missing or stale balances are not assumed; in-quota rates remain conditional on allocation.
- taxes: Import VAT uses the member state’s standard rate from the Commission’s TEDB service. Reduced rates exist for some goods and are not applied automatically.
- excise: Excise duties are national and are not in TARIC. They are not calculated.
- regulatory: TARIC import restrictions and control measures attached to the code are listed. National rules and product legislation outside TARIC are not covered.
- TARIC data is the Commission’s monthly extraction (situation on the 1st of the month). Measures that change mid-month appear at the next extraction.
- VAT and excise are national: TARIC is never used to infer them. VAT comes from the member-state tax adapter (TEDB).
- Agricultural components (Meursing), entry-price and other composition-dependent duties are flagged for review rather than calculated.