| Abstract [eng] |
The transaction value method is prevailing for the purpose of customs valuation. Therefore, in this study the author analyses the customs valuation legislation of the Agreement on customs valuation of WTO, Customs Code of the European Union and its implementing provisions as well as the legislation of the Republic of Lithuanian. The study is divided into seven chapters. In the first chapter author introduces in brief the regulation of this specific method, the second- reasons of its prevailing in customs valuation. Next chapter more in detail analyzes such concepts of transaction value as „sold“, „sold for export“, „price actually paid or payable“, „activities, undertaken by the buyer on his own account“. The fourth chapter is dedicated to the conditions for the departure of the transaction value method. The fifth chapter analyzes the elements of pricing of transaction value. The last ones analyze documents produced to support the transaction value and the particularity of the valuation of the imported used cars. The comparative analysis of legal acts and judicial decisions proves that it is important to understand properly the transaction value method and all of its elements as it directly relate to the payable customs and other taxes. The author also concludes that customs legislation of the Republic of Lithuania is not well harmonized with the EC legislation ant International trade practice. |
