Customs valuation IS: rules and practice of using the data

Importer’s questions: Does an importer have the possibility to learn the transaction values of identical or similar goods imported by other EU importers? How do customs apply those values at the time of customs clearance? In order to answer these questions, let’s take a look at a customs information system (IS) of an EU member state, where the customs valuation-related data are stored, and at the rules and the practice of using the data.