Use of First Sale

CustomsAdvisoryPlus offers Solutions

which decreases your customs duty liability, lowers working capital and increases your overall profit and competitiveness. The majority of customs duty rates are ad valorem i.e. based on the value of the imported goods. When these same goods without alteration, have been subject to a series of sales for export before importation, in principle, any one of these sales may be declared as the value for duty.

First Sales' Solutions

Our "first sales" solutions, have been offered to clients for many times over the past 20 years. Our solutions have been implemented by importers and our people have obtained numerous advance rulings from customs.

Our solutions are available as a result of the current EU legislation. Any changes in legislation are not be expected before 2013. Concerning possible changes of legislation and discussions regarding the abolishment of the "first sales principle", please contact info@customs.a.plus.com.

CustomsAdvisoryPlus' services approach is as follows:

Your benefits

Duty savings: the duty will be calculated on the basis of a lower dutiable basis (first sales price).
Improved competitiveness and/or increased profits, lower working capital, because of decreased duties
No unexpected surprises in the future (available customs valuation ruling).
Consistent customs valuation approach, well-informed staff and future time savings (available defense documentation, implemented control procedures).
More information: contact info@customs.a.plus.com