Declared Unit Value

What is the Declared Unit value?

Declared Unit Value is the per-unit value of a shipment as declared by the Publisher (you) to act as the basis for computation of duties and taxes. This declared value should adequately represent the selling price or the manufacturing value of the applicable unit(s) declared and is equal to or higher than the declared value for carriage.

Please note this value is mandatory as it is used for the Commercial Invoice.

For orders printed in the UK, if no value is entered or a value less than the Unit Selling Price is entered, the value will be updated automatically to match the Unit Selling Price.

Where does it appear?

The Declared Unit value appears on the Order Summary page before the Unit Selling Price, see image below:

Declared_unit_value_new_image_order_screen.jpg

 

What should I put in the Declared Unit value field?

The value to be entered depends on the end customer the order is going to:

  • (A) If this product has been sold by the Publisher to a Customer before it is printed and shipped, then the Declared Unit Value should be the per unit selling price (retail/list price of 1 copy) between the Publisher and the Publisher’s Customer. This could be an end-user, a Retailer, or another Wholesaler or Distributor.
  • (B) If the product is being printed for stocking purposes for Publisher inventory or use, then the Declared Unit Value should be the cost of manufacturing (Print Cost of 1 copy), which is the same value as the Unit Selling Price shown on the order.

Declared_unit_value_new_image.jpg

Please note it is mandatory to provide the Declared Unit value as it is used for the Commercial Invoice. For orders printed in the UK, if no value is entered or a value less than the Unit Selling Price is entered, the value will be updated automatically to match the Unit Selling Price.

Note: This value should never be input as anything other than a single unit’s value (retail price or print cost) and never less than the Unit Selling Price listed as this figure is then multiplied by the number of units being purchased. If this value is input incorrectly the Custom’s Invoice will be incorrect and this may lead to additional charges and exceptions being raised by Customs.

 

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