Introduction: law and regulations
The principal regulations on valuation are contained in:
- Council Regulation (EEC) No 2913/92 establishing the Community Customs Code (the Code) and
- Council Regulation (EEC) No 2454/93 implementing the Community Customs Code (CCIP).
Full details of the relevant legislation are provided in Notice 252 Valuation of imported goods for customs purposes, VAT and trade statistics.