April 24, 2020
en lt ru

Incoterms® (International Commercial Terms) are the rules for the use of domestic and international trade terms, published by the International Chamber of Commerce (ICC). 

The rules are used to conclude contracts for the purchase of goods worldwide. They define the seller's and buyer's obligations regarding the risk of loss of or damage to the goods, costs and arrangement of transport and customs clearance

The rules are updated every 10 years. Incoterms® 2020 set out 11 rules. Learn the rules and their role in customs valuation by watching the video.

To access the full text please

Additionally, for all newcomers we give 5 paid articles for free.

Comments ()

image lt
Ar gali VMI nepatvirtinti susijusių asmenų tarpusavio sandorio kainos
29-06-2021

Muitinės praktikų asociacija

value
image lt
Ar gali VMI nepatvirtinti susijusių asmenų tarpusavio sandorio kainos
29-06-2021

Muitinės praktikų asociacija

value
en, lt, ru
What's wrong with customs valuation in Ukraine?
22-05-2021

Customs valuation of goods imported into Ukraine is one of the most challenging stages of cross-border trade operations. It is relatively easy to determine the customs value of goods; however, it is almost impossible to convince the customs that the value is accurate and based on the actual price. Hence, there are many court appeals against customs decisions to adjust the customs value. The statistics of court proceedings on such cases are not in favour of customs. Thus, in cases involving Ukrainian customs, 80% (2330 out of 2917 considered over 11 months of 2020) of court decisions were made in favour of plaintiffs (importers, declarants, etc.).

Dr. Ilona Mishchenko

value
en, lt, ru
What's wrong with customs valuation in Ukraine?
22-05-2021

Customs valuation of goods imported into Ukraine is one of the most challenging stages of cross-border trade operations. It is relatively easy to determine the customs value of goods; however, it is almost impossible to convince the customs that the value is accurate and based on the actual price. Hence, there are many court appeals against customs decisions to adjust the customs value. The statistics of court proceedings on such cases are not in favour of customs. Thus, in cases involving Ukrainian customs, 80% (2330 out of 2917 considered over 11 months of 2020) of court decisions were made in favour of plaintiffs (importers, declarants, etc.).

Dr. Ilona Mishchenko

value
en, lt
Intrinsic value (e-commerce)
22-05-2021

Intrinsic value for commercial goods means the price of the goods themselves when sold for export to the customs territory of the Union, excluding transport and insurance costs unless they are included in the price and not separately indicated on the invoice, and any other taxes and charges as ascertainable by the customs authorities from any relevant document.

value
en, lt
Intrinsic value (e-commerce)
22-05-2021

Intrinsic value for commercial goods means the price of the goods themselves when sold for export to the customs territory of the Union, excluding transport and insurance costs unless they are included in the price and not separately indicated on the invoice, and any other taxes and charges as ascertainable by the customs authorities from any relevant document.

value
en, lt
CJEU: DAF transaction price and actual transport costs that exceed it
15-05-2021

The Court of Justice of the European Union (CJEU) examined a case regarding the determination of the customs value of imported goods (technical sulfuric acid). The question was raised whether customs authorities were entitled to add transport costs to the transaction price if, under the Incoterms DAF terms agreed between the parties, the transport costs were already included in the transaction price but actually exceeded it.

Monika Bielskienė

value
en, lt
CJEU: DAF transaction price and actual transport costs that exceed it
15-05-2021

The Court of Justice of the European Union (CJEU) examined a case regarding the determination of the customs value of imported goods (technical sulfuric acid). The question was raised whether customs authorities were entitled to add transport costs to the transaction price if, under the Incoterms DAF terms agreed between the parties, the transport costs were already included in the transaction price but actually exceeded it.

Monika Bielskienė

value
image lt
Muitinės vertės svarba
31-03-2021

Milda Stravinskė

value
image lt
Muitinės vertės svarba
31-03-2021

Milda Stravinskė

value
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