• Valuation

Low value - is it the market price, a result of good business negotiation skills, or fraud?

Milda Stravinskė Customs expert, Editorial Board Member at monthly Lithuanian journal 'Customs Law for Practitioners'
May 08, 2022
en lt
Low value - is it the market price, a result of good business negotiation skills, or fraud?

Photo by Angèle Kamp on Unsplash

The problem of declaring a low value of goods and undervaluation to customs has always been relevant, and the control of determining the correct customs value has never left the sight of customs. We provide an overview of topics and cases of the European Court of Justice explored during an international conference, which took place recently in Rotterdam.

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