On June 20, 2019, the Court of Justice of the European Union rendered its judgment in the Oribalt Rīga (C-1/18) case on the factors relevant to calculating the customs value in accordance with the deductive method of Article 30(2)(b) of the Community Customs Code (CCC), in the special context of the customs valuation of imported medicines. The application of the deductive method is not an easy task. However, the CJEU ruling clarified the notion of ‘similar goods’ and the impact of discounts on the price when applying the deductive method of customs valuation.
Source KPMG
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