Subsequent proceeds
Also called: proceeds of resale
Any part of the proceeds of a later resale, disposal or use of the imported goods that accrues directly or indirectly to the seller. Such amounts are added to the transaction value, and if they cannot be quantified the transaction value may not be usable.
In practice
Profit-sharing clauses with suppliers can turn into dutiable additions that must be declared once the amount is known.
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,…
- 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…
- Secondary valuation methods
- Methods used when transaction value cannot be applied, in a fixed order: the value of identical goods, the value of similar goods, a deductive value…