News

Commission Publish 2nd UCC Valuation Guidelines Document

Wednesday 13th April 2016

The EU Commission has published a second draft set of guidelines in respect of Customs Valuation under the UCC.

The document covers the contentious issues surrounding what constitutes a sale for export to the EU, especially in respect of pre ordered goods and the thorny subject of royalty payments.

They appear to be trying to say that the words in the law are not as bad as we might have thought!

A number of true experts are still saying that the words in the law are just bad - but at least we have some clarification from the people who drafted it!