| Popis: |
The European Court of Justice (CJEU) recently interpreted the rules of the Community Customs Code (CCC) and its Implementing Provisions (CCCIP), regarding the determination of customs value in situations where the seller of goods grants a price reduction to the buyer, pursuant to a contractual warranty, because of a manufacture-related risk that the goods might be defective (X BV v. Staatssecretaris van Financiën). This article provides an overview of the issue of determining customs value in case of warranties, a summary and a legal analysis of the Court’s reasoning, and highlights how this reasoning might coexist with the new Union Customs Code (UCC) and its Implementing Act (UCC IA). |
