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Customs Valuation - Updated Compendium and Simplification Guidance

Anthony Buckley
CEO, Anthony Buckley Consulting Ltd., Ireland
Published 28 Apr 2024

Video locked

The video is available exclusively to our members.

Anthony Buckley (Customs Knowledge Institute) reviews the newly updated EU Compendium of Customs Valuation together with the March 2024 simplification guidance and two regulations on Binding Valuation Information, giving customs and trade compliance professionals a practical map of where valuation complexity really arises. Topics covered: Structure and contents of the...

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The fallback (residual) method is the most flexible but also the most complex of the six methods for determining customs value under EU law, applied only once every other method…

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Incoterms® and case law: legal interpretation in international trade

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Incoterms® explained: UK & EU trade risks after Brexit

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A UK trade expert explains how Incoterms® are used and misunderstood in UK-EU trade after Brexit, and what compliance risks customs and trade professionals need to watch for. Topics covered:…

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Using export price data under the fallback method of customs valuation: lessons from CJEU

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Since the start of 2026, the Court of Justice of the European Union has issued two rulings focusing on the use of the fallback method for customs valuation. These decisions…

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