What is Wertberichtigung?
In this glossary, Wertberichtigung refers to: An official modification to the customs value of goods declared for import, reflecting post-transaction elements (such as assists, royalties, or rebates), calculated per WTO Customs Valuation Agreement and applied to determine applicable duties and taxes on transport documents.
How is Wertberichtigung used in logistics?
In logistics communication, this term appears in contexts such as: "Eine Wertberichtigung wurde auf die Zollanmeldung angewendet, nachdem festgestellt wurde, dass der Rechnungsbetrag keine Lizenzgebühren enthielt, gemäß Artikel 8 des WTO-Übereinkommens über die Zollbewertung."
Why does Wertberichtigung matter in logistics?
Wertberichtigung matters because it supports clear communication in Customs contexts for Freight Forwarders, Supply Chain Managers, and Customs Brokers. It also connects to aviation training and exam language such as FIATA Diploma, CILT Certification, and IATA DGR.
Who uses Wertberichtigung?
Wertberichtigung is mainly used by Freight Forwarders, Supply Chain Managers, and Customs Brokers.
What category does Wertberichtigung belong to?
In this glossary, Wertberichtigung is grouped under Customs. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from Incoterms 2020 (ICC), FIATA, IATA DGR, WCO and published by Protermify Logistics as a static logistics reference page.
