| Journal Call no. | HF3853.E86E32 |
|---|---|
| Article Title | Valuation of goods for EC duty purposes : winds of change. |
| Is Part Of | EC monitor ; no.13, Jul 1993, p.1-3. |
| Abstract | Very frequently, a Hong Kong company buys from a Hong Kong or Chinese factory (say at $1,000) and sells the goods (say at $1,200) to a foreign buyer, who in turn sells (say at $1,500) to an EC buyer. The goods are shipped direct to the EC from the factory. On which value can EC customs duty be based? To date, on any of the prices in this chain, including the lowest at $1,000. In future, this may change. |