Package deals: introduction
A package deal is an agreement to pay a lump sum for a correlated group of goods, or a group of goods sold together, the price paid for the goods sold constituting the only consideration.
The following are examples of package deal transactions involving potential valuation problems:
- different goods are sold and invoiced at a single overall price
- goods of different quality sold and invoiced at a single overall price are only partially declared for free circulation in the UK
- different goods, included in the same transaction, are invoiced at individual prices established solely for tariff or other reasons.