Assists
Also called: buyer-supplied inputs
Goods or services supplied free or at reduced cost by the buyer for use in producing the imported goods, such as moulds, tools, components or engineering work done abroad. Their value must be added to the customs value, apportioned over the goods produced.
In practice
Tooling sent to a supplier is easy to forget years later, but it should be captured when the goods it helps produce are imported.
EU
Türkiye
USA
UKRelated terms
- Customs value
- The value of imported goods on which ad valorem duties are calculated. Almost all countries follow the WTO Customs Valuation Agreement, under which…
- Royalties and licence fees
- Payments for the use of trademarks, patents, designs or know-how that relate to imported goods and are paid as a condition of their sale. Under…
- Transaction value
- The price actually paid or payable for goods when sold for export to the importing country, adjusted for items such as commissions, packing, assists,…