Regulation 97 Valuation of acquisitionsI1

Subject to paragraph (2) below, the value of the relevant transaction in relation to any goods acquired in F1Northern Ireland from a member State where—

shall be taken, for the purposes of the Act, to be the sum of its value apart from F5paragraph 10 of Schedule 9ZA to the Act and the amount, so far as not already included in that value, of the excise duty, EU customs duty or, as the case may be, agricultural levy which has been or is to be paid in respect of those goods.

Paragraph (1) above does not apply to a transaction in pursuance of which there is an acquisition of goods which, under subsection (4) of section 18 of the Act, is treated as taking place before the duty point within the meaning of that section.