Price actually paid or payable
Also called: price paid or payable · fiilen ödenen fiyat
The total payment made or to be made by the buyer to, or for the benefit of, the seller for the imported goods, including indirect payments such as settling the seller's debts. It is the starting point of transaction value, to which certain additions are made and from which certain costs are excluded.
In practice
Payments outside the invoice, such as separate tooling charges or debt offsets, still belong in the price and are often missed.
EU
Türkiye
UK
USARelated terms
- 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,…
- Assists
- 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…
- 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…
- Buying commission
- A fee paid by an importer to its own agent for representing it abroad in purchasing goods, such as finding suppliers and placing orders. Buying…