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CDS - Did you know.....?

Tuesday 5th June 2018

........that under the updated UCC/CDS declaration completion rules, an importer has to declare on an import declaration where valuation Method 1 is used, whether, in respect of the price declared;

"there is a price influence as a result of a Party Relationship between the buyer and seller"

"there are restrictions as to the disposal or use of the goods by the buyer in accordance with Article 70(3)(a) of the Code"

"the sale or price is subject to some condition or consideration in accordance with Article 70(3)(b) of the Code"

"the sale is subject to an arrangement under which part of the proceeds of any subsequent resale, disposal or use accrues directly or indirectly to the seller"