# The Customs (Import Duty) (EU Exit) Regulations 2018, Regulation 113: Transaction value: further included items - royalties


(1) The items referred to in regulation 108(7)(a) as specified matters to be included as elements of a transaction value further include a royalty or licence fee payable by the buyer , either directly or indirectly, where—
(a) the royalty or licence fee relates to the goods being valued; and
(b) such payment is a condition of sale of those goods in the agreement between the buyer and seller for the import of the goods into the United Kingdom.
(2) The value of the royalty or licence fee is, if it can be readily determined, the amount payable.

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Source: https://www.legislation.gov.uk/uksi/2018/1248/regulation/113 (the official version)
Page: https://openlegislation.uk/customs-import-duty-eu-exit-regulations-2018/regulation-113
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.