# The Customs (Import Duty) (EU Exit) Regulations 2018, Regulation 115: Transaction value: excluded items


(1) The items referred to in regulation 108(8) as specified matters to be excluded as elements from a transaction value are the following—
(a) import duty in respect of the goods;
(b) buying commission in respect of the goods;
(c) the right to reproduce the goods in the United Kingdom;
(d) transport and insurance of the goods, after the time the goods are imported into the United Kingdom; and
(e) the assembly, construction, erection or maintenance of the goods or the provision of technical assistance in relation to the goods, to the extent such an activity applies after the time the goods are imported into the United Kingdom.
(2) The value of an item in paragraph (1) is—
(a) in respect of sub-paragraph (a), the amount of the import duty;
(b) in respect of sub-paragraphs (b) to (e)—
(i) if it can be readily determined, the amount payable for the item by the buyer of the goods; or
(ii) otherwise, a value determined in accordance with the principles adopted by the WTO in the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994.

---
Source: https://www.legislation.gov.uk/uksi/2018/1248/regulation/115 (the official version)
Page: https://openlegislation.uk/customs-import-duty-eu-exit-regulations-2018/regulation-115
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.