April 2021
This notice cancels and replaces Notice 252 (April 2020)
1 Introduction
1.1 What this notice is about
There are a number of Methods for establishing the value on which customs duty and import VAT is calculated. The same value is also used for trade statistics. This notice explains what the methods are and when they may be used.
This notice explains our view of the law, and nothing in it overrides the law.
1.2 Trading and moving goods in and out of Northern Ireland
Under the Northern Ireland Protocol Union Customs Code (UCC) valuation rules will continue to apply to goods imported into Northern Ireland.
The UCC valuation rules operate in a similar way to the UKs rules for goods imported into the UK or GB from third world countries. Apart from a variation to the list of products covered by the
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