HMRC publishes Valuation Customs Technical Handbook

The Valuation Customs Technical handbook has now been published by HMRC.

This handbook explains the 6 methods for establishing the value on which Customs Duty and import VAT is calculated and when they should be used. The same value is also used for trade statistics. The handbook explains HMRC’s view of the law, and nothing in it overrides the law.

https://www.gov.uk/guidance/cu...