Transaction value method Clause Samples

The transaction value method is a clause that determines the value of goods or services in a contract based on the price actually paid or payable in a transaction. In practice, this method typically applies to import and export agreements, where the customs value of goods is established by referencing the transaction price between the buyer and seller, provided certain conditions are met, such as the absence of related-party influence or restrictions on use. Its core function is to provide a clear, objective basis for valuing goods, thereby ensuring transparency and consistency in customs declarations and reducing disputes over valuation.