- Agenda and Meeting Overview: The 16th meeting of the Customs Expert Group – Valuation Section was held virtually on September 24, 2024. The agenda included the adoption of previous minutes and discussions on various customs valuation issues, with participation from EU Member States and customs experts.
- WCO TCCV Coordination: The group discussed coordination for the upcoming World Customs Organization’s Technical Committee on Customs Valuation (TCCV) meeting. Key topics included accumulated discounts in e-commerce, cryptocurrency transactions, and the use of transfer pricing documentation.
- Non-Paper on ‘Sale for Export’: France presented a non-paper addressing the concept of ‘Sale for Export’ in the context of modern trade, particularly e-commerce. The proposal suggested aligning EU customs rules with WTO agreements to address regulatory gaps and ensure consistent application across Member States.
- Valuation Challenges and Proposals: Various valuation challenges were discussed, such as the treatment of goods provided free of charge, non-payment by buyers, and the role of representative companies in price negotiations. The group considered flexible approaches to these issues to accommodate new commerce forms.
- Future Meetings and Considerations: The next meeting is tentatively scheduled for November 2024. The group emphasized the need for further legal and economic analysis of proposed changes, particularly concerning e-commerce and potential impacts on international trade practices.
Sources
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