How should customs
value be determined when the price declared by the importer is provisional and
later adjusted based on objective, contractually established criteria?
While the transaction
value method remains the principal approach to customs valuation, many
operators resort to alternative methods when the final price is not known at
the time of import.
The Judgment of the
Court of Justice of the European Union (CJEU) of 15 May 2025 in Case C-782/23,
Tauritus UAB, (CJEU, 15 May 2025, Case C-782/23, Tauritus UAB.
ECLI:EU:C:2025:353.) is a landmark ruling that addresses the ongoing tension in
determining customs value.
The Court acknowledges
the inherent complexities of transactions involving provisional pricing and
sets out significant legal principles that redefine how such situations should
be treated under EU customs law.