value for customs purposes only
Definition
Phrase used in documents accompanying samples, equipment documentation (manuals, user guides) or promotional/sales material (brochures, flyers, audio/video cassettes, CDs, etc.) originating from the US to indicate the estimated commercial value of the item(s). It may or may not be accepted by the imported country's customs who may assess the value according to their own judgment or rules.
Popular 'Customs Documentation & Procedures' Terms
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