Customs value adjustment in Ukraine
Customs value adjustment in Ukraine is the process by which customs authorities recalculate the value of goods imported into the country to calculate customs duties and other taxes during customs control.
In most countries, the customs value is determined based on commercial invoices, which contain information about the price of the goods, including transportation, insurance, and other related expenses.
In Ukraine, the adjustment of the customs value of goods imported into the customs territory of Ukraine with their placement under the customs regime of import is carried out by the customs authority in writing during the control of the correctness of determining the customs value of these goods both before and after their release if the customs authority finds that incomplete and/or unreliable information about the customs value of the goods, including incorrectly determined customs value of the goods, has been declared.
However, sometimes customs authorities may doubt the accuracy of the price stated in the invoice, or may consider that the price was understated or overstated. There are cases when Ukrainian customs authorities unlawfully decide to increase the value of the goods or change the classification code of the goods, leading to overpayments to the state budget and customs clearance tariffs. The decision on the adjustment of the customs value of the goods is formalized by a written Decision on the establishment of the customs value of the goods by the tariff department of the customs authorities, which is issued to the declarant or authorized person.
According to the Order of the Ministry of Finance of Ukraine dated May 24, 2012 No. 598, the decision on the adjustment of the customs value of goods is the consolidation of the results of control over the correctness of determining the customs value of goods both before and after their release in accordance with the requirements of Articles 54 and 55 of the Customs Code of Ukraine.
Cancellation of the decision on customs value adjustment of goods
The decision on the adjustment of the customs value of goods can be contested and annulled.
Customs law attorney services in Odessa:
- Challenging customs authorities’ decisions in an administrative procedure.
- Challenging and annulling decisions on the adjustment of customs value in judicial proceedings.
- Conducting necessary expertise and gathering evidence.
- Reclaiming overpaid customs duties.
- Restoring the lawful rights of subjects engaged in foreign economic activity.
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