The Customs (Import Duty) (EU Exit) Regulations 2018

Values undetermined when Customs declaration would otherwise be accepted U.K.

109.—(1) This regulation applies where, in the application of Method 1 valuation, a transaction value cannot be determined by the time the Customs declaration in respect of the goods would, if the value were determined, be accepted.

(2) A Customs declaration in respect of the goods may be made in which the value of the goods is in whole or part still to be determined, if conditions 1 to 3 are satisfied.

(3) Condition 1: the declarant must—

(a) be authorised by HMRC for the purposes of this regulation; and

(b) provide a draft of the intended contents of the declaration to HMRC which—

(i) identifies those parts of the value which cannot be determined and why;

(ii) sets out the basis on which the value can later be determined; and

(iii) states the date by which the valuation will be provided to HMRC.

(4) Condition 2: HMRC must notify the declarant—

(a) that it is satisfied that a declaration may be so made; and

(b) of the date by which the declaration must be made.

(5) Condition 3: the Customs declaration is made accordingly.

Modifications etc. (not altering text)

C1 Pt. 12 applied (with modifications) (31.12.2020) by The Customs (Northern Ireland) (EU Exit) Regulations 2020 (S.I. 2020/1605), regs. 1(1), 32; S.I. 2020/1643, reg. 2, Sch.

Commencement Information

I1 Reg. 109 in force at 31.12.2020 by S.I. 2020/1643, reg. 2, Sch.