Extract to table

Article 70(2) UCC specifies that the price actually paid or payable shall include all payments made or to be made as a condition of sale by the buyer, whether to the seller or to a third party

All commissions and brokerage fees, other than buying commissions, incurred by the buyer in connection with the importation of goods must be added to the transaction value

The value of goods and services supplied by the buyer free of charge or at reduced cost for use in connection with the production or sale for export of the imported goods must be added to the transaction value

Royalties and license fees related to the goods being valued that the buyer must pay, either directly or indirectly, as a condition of sale of the goods being valued, must be added to the transaction value to the extent that such royalties and license fees are not already included in the price actually paid or payable

Two cumulative conditions must be satisfied for inclusion: (i) the royalties or license fees must be "related to the goods being valued," and (ii) the payment must be a "condition of sale" of those goods

Deductions from Transaction Value (Article 72 UCC) Article 72 UCC identifies certain costs that shall not be included in the customs value, provided they are distinguishable from the price actually paid or payable for the imported goods