G/VAL/N/1/GEO/2  
 
16 February 2022  
(22-1476) Page: 1/9 
Committee on Customs Valuation  Original: English  
 
 
 
NOTIFICATION UNDER ARTICLE 22 OF THE AGREEMENT ON  
IMPLEMENTATION OF ARTICLE VII OF THE GENERAL  
AGREEMENT ON TARIFFS AND TRADE 1994  
GEORGIA  
The following submission, dated  10 February 2022 , is being circulated at the request of the 
delegation of Georgia . 
 
_______________  
 
 
The Government of Georgia wishes to notify that the customs valuation of goods imported to  Georgia 
is carried out in accordance to the Chapter VI (Customs Value of Goods)  of the  Customs  Code of 
Georgia1. 
 
Below  is given  the extracts  of the provisions  from the Customs  Code of Georgia  regulating  the   
customs  valuation of goods.  
 
Furthermore,  to complement  the existing  regulatory  framework,  Georgia  also wishes  to notify,  that 
the Procedural Manual on Customs Valuation Control2 was introduced in 2020 approved by  the Order 
of The  Director General of the  Revenue Service.  
 
The Manual seeks to provide a structured guideline for Customs valuation formalities and  procedures 
as to ensure efficient implementation of national legislation and of international  obligations  as 
applicable.  
 
Article  37 – General  provisions  of the customs  valuation  of goods  
 
1.  The customs valuation of goods shall be carried out in accordance with this Code and the  
procedures laid down in the Agreement on Implementation of Article VII of the General  Agreement  
on Tariffs  and Trade  1994.  
 
2.  During the declaration of goods, the declarant shall carry out the customs valuation of the  goods, 
and the customs authorities shall control the accuracy of the customs value of goods  determined  by 
the declarant . 
 
  
 
1 https://matsne.gov.ge/en/document/view/4598501?publication=2  
2 https://www.rs.ge/Media/Default/%E1%83%99%E1%83%90%E1%83%9C%E1%83%9D%E1%83%9
C%E1%83%9B%E1%83%93%E1%83%94%E1%83%91%E1%83%9A%E 1%83%9D%E1%83%91%E1%83%
90/%E1%83%A1%E1%83%90%E1%83%91%E1%83%90%E1%83%9F%E1%83%9D/%E1%83%A1%E1%83
%90%E1%83%91%E1%83%90%E1%83%9F%E1%83%9D%20%E1%83%A6%E1%83%98%E1%83%A0%E
1%83%94%E1%83%91%E1%83%A3%E1%83%9A%E1%83%94%E1%83%91%E1%83%90%20%E1%83%
93%E1%83%90%E1%83% A1%E1%83%90%E1%83%9B%E1%83%A2%E1%83%99%E1%83%98%E1%83
%AA%E1%83%94%E1%83%91%E1%83%94%E1%83%9A%E1%83%98..pdf   G/VAL/N/1/GEO/2  
 
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  3.  The fact that the goods  are subject  to sale and are declared  for the purpose  of release  for free 
circulation is sufficient to consider those goods as sold for export to Georgia. Where, after the sale  
of the goods for export to Georgia, they have been resold (including in the customs  warehouse), the 
price of their sale for export to Georgia shall be ap plied for the customs  valuation  of the  goods.  
 
4.  For the purposes  of this chapter,  persons  shall be deemed  to be related  if: 
 
a) they manage one another's businesses (they are the persons authorized to manage the  
business entity);  
b) they are legally  recognized  business  partners  (persons  related  by business  interests);  
c) they are employer  and employee;  
d) a third person directly or indirectly holds or controls 5% or more of the voting shares of  both 
of them,  or a third person owns 5% or  more of such shares;  
e)  one of them directly  or indirectly  controls  the other;  
f) both of them are directly  or indirectly  controlled  by a third person;  
g) together  they directly  or indirectly  control  a third person;  
h) they are members  of the same  family.  
 
5.  For the purposes of this chapter, persons associated in business, one of which is the other’s  
exclusive  agent,  distributor  or concessionaire,  shall be considered  to be related  persons  if they fall  
within the  criteria provided for  by paragraph  4 of this article.  
 
6.  The customs valuation of imported goods shall be carried out based on the following  methods:  
 
a) based  on the transaction  value  (the first method);  
b) based  on the transaction  value  of identical  goods  (the second  method);  
c) based  on the transaction  value  of similar  goods  (the third method);  
d) based  on the unit price of goods  (the fourth  method);  
e) based  on the computed  value  (the fifth method);  
f) based  on the reserve  method  (the sixth method).  
 
7.  Each method of customs valuation of goods provided for by paragraph 6 of this article shall be  
proceeded sequentially where the previous method cannot be reasonably applied. The  declarant 
shall have the right to change the order of application of the metho ds of customs  valuation  of goods  
provided  for by paragraph 6(d)  and (e) of  this article.  
 
8.  After the sale of goods  for export  to Georgia,  the use of those  goods  in a third country  before they  
are placed  under  release  for free circulation  may serve  as grounds  for refusal  to determine the  
customs value of  the goods  based on  the transaction value.  
 
9.  For the purposes of determining the customs value of goods, the price actually paid and/or  
payable shall be the total payment made or to be made by the buyer to the seller, or to be made  
for the benefit of the seller. Such price shall include all payments, both direct and indirect, as a 
condition of sale of  the goods.  
 
10.  The amount  of indirec t taxes  paid in the country  of origin  of goods  or the country  of export of  
goods shall not  be included  in the customs  value  of the  goods.  
 
11.  Where,  by the time of determining  the customs  value  of goods:  
 
a) the price of the goods has not been actually or fully paid, the price payable fully shall be  used 
in determining their  customs value;  
b) the final price payable for the goods is higher than the price actually paid and/or payable,  the 
final price payable  shall be used in  determining their  customs value;  
c) the final price payable  for the goods  is lower  than the price actually  paid and/or  payable,  the 
final price payable may be used in determining their customs value on the basis of the  
declarant's  application, if  this is an obligation laid  down in  the original  contract.  
 
12.  Where the declared goods are part of the consignment purchased in a single transaction,  the 
transaction  value  of the goods  shall be as proportional  to the price of the entire  consignment as the G/VAL/N/1/GEO/2  
 
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  quantity of the declared goods to the quantity of the entire consignment.  The price actually paid or 
payable shall also be apportioned where part of the cargo has been  lost. 
 
13.  In determining the customs value of goods, the provisions  of this chapter shall also apply  where  
the goods  are placed  under  another  customs  procedure  before  they are released  for free circulation  
or where the  end use of the  goods is  changed.  
 
Article  38 – Transaction  value  method  
 
1.  This article  shall be applicable  in combination  with Article  44 of this Code,  which  provides for  the 
adjustment of the price actually paid and/or payable for goods, where the buyer is  required to pay 
certain elements which are part of the customs value but are not included in  the price actually paid  
or payable for  the goods.  
 
2.  The customs  value  of goods  shall be determined  based  on the transaction  value,  i.e. the price 
actually paid and/or payable for the goods sold for export to Georgia, taking into account the  
requirements of Article 44 of this Code, provided that all of the following conditions are  fulfilled:  
 
a)  there  are no restrictions  as to the disposal  or use of goods  by the buyer,  except  for restrictions  
which:  
a.a)  are established  or required  by the legislation  of Georgia;  
a.b) define  the list of the geographical  areas  in which  the goods  may be resold;  
a.c) do not affect  the value  of goods;  
b) the sale or price of the goods is not related to any condition or circumstance for which a  value 
cannot be determined with respect to the value of goods. Where a value cannot be  determined 
for such condition or circumstance, that value shall be considered as indirect  payment  made  
by the  buyer and  therefore  as part  of the  price actually paid  or payable;  
c) no part of the proceeds  of any subsequent  sale, disposal  or use of the goods  by the buyer  will 
accrue  directly  or indirectly  to the seller,  except  in cases  where  an appropriate  adjustment  can 
be made in accordance with Article 44 of this  Code;  
d) the price actually  paid or payable  is calculated  on the basis of objective  and grounded  data;  
e) the buyer and the seller are not related persons. Where the buyer and the seller are related  
persons,  the possibility  of applying  the transaction  value  method  for determining  the customs  
value  of goods  shall be determined  taking  into account paragraphs  3 and 6 of this Article.  
 
3.  Only the fact that the buyer  and the seller  are related  persons  shall not serve  as grounds  for 
refusing the application of the transaction value method in determining the customs value of  goods. 
In such case, all the circumstances of the sale of goods shall be verified and the  transaction value 
shall be applied, unless the relationship between the said persons had an  influence  on the transaction  
value of the  goods.  
 
4.  Where, on the basis of the information submitted by a declarant or otherwise received, the  
customs authorities have reasonable doubt that the relationship be tween the buyer and the  seller 
has influenced the transaction value of goods, the customs authorities shall inform the  declarant  of 
their reasoned  opinions  (in writing  where  the declarant  so requests).  The declarant shall have the 
right to provide appropri ate explanations in respect of the said  opinions.  
 
5.  Where the buyer and the seller are related persons, the customs value of goods shall be  
determined on the basis of the transaction value method if the declarant has provided the  customs 
authorities wit h evidence that the above value is as close as possible to any of the  following  values 
determined within the  same period of  time:  
 
a) the transaction value of identical or similar imported goods that the seller has sold to an  
unrelated  person (buyer);  
b) the customs  value  of identical  or similar  goods  under  Article  41 of this Code;  
c) the customs  value  of identical  or similar goods  under  Article  42 of this Code.  
 
6.  The procedure prescribed by paragraph 5 of this article shall be applied, if the declarant so  
wishes, for comparison purposes only. However, account shall be taken of the differences  between  
commercial  and quantitative  levels,  in the elements  provided  for by Article  44 of this Code , and the G/VAL/N/1/GEO/2  
 
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  costs incurred  by the seller  following  the sale of goods  where  the buyer  and the seller  are not  related 
persons.  
 
Article  39 – Method  based  on the transaction  value  of identical  goods  
 
1.  Where the customs value of imported goods cannot be determined on the basis of the  transaction  
value  method,  the customs  value  of goods  shall be considered  to be the transaction value  of identical  
imported  goods  that were sold for export  to Georgia  and exported  at or about the  same time as the  
goods  being valued.  
 
2.  For the purpose of this article, 'export of identical goods at or about the same time' means  that 
the difference between the date of export of identical goods and the date of export of the goods  to 
be valued does not exceed 30 days (the goods to be valued were exported 30 days  before  the export 
of identical  goods  or 30 days after  their export).  
 
3.  For the purposes  of determining  the customs  value  of goods,  goods  shall be considered  to be 
identical  if these  goods  and the goods  to be valued  are identical  by their physical  characteristics, 
quality, reputation and country of origin. Goods shall be considered to be  identical regardless of 
minor external differences between these goods and the g oods to be  valued,  provided  that they 
comply  with the  above definition  in respect of  other  criteria.  
 
4.  Identical goods shall not be goods where the engineering, processing, artistic design,  drawings  
and sketches thereof  were produced in  Georgia.  
 
5.  In applying this article, the transaction value of goods produced by a different person shall  be 
taken into account where no data on the transaction value of identical goods produced by  the same 
person (producer) can be found.  
 
6.  The basis for determ ining the customs  value  of goods  in accordance  with paragraph  1 of this article  
shall be one of the  following:  
 
a) the transaction value of identical imported goods registered by the customs authorities  which 
were sold for export to Georgia at the same commercial level and in the same quantity as  the 
goods  being  valued (and  the volume  and price of the consignment are  implied);  
b) in the absence  of a condition  under  subparagraph  (a) of this paragraph,  the transaction  value 
of identical  imported  goods  registered  by the customs  authorities  which  were sold at a different 
commercial  level and/or  in different  quantities,  provided  that the customs  value  of such goods 
is adjusted  taking  into account  the differences  attributable  to commercial  level and/or  to 
quantity. Such adjustment may be made on the basis of evidence provided to the customs  
authorities, which proves the reasonableness and accuracy of the adjustment, whether the  
adjustment  leads to an increase  or a decrease  in the customs  value  of the goods.  
 
7.  In order  to take account  of the difference  in costs provided  for by Article  44(6)  of this Code 
resulting  from the difference  between  the means  of transport  used to transport  the goods  to be valued  
and identical  imported  goods,  and the distances  of transport,  adjustments  to the customs value  of the 
goods  shall be carried out.  
 
8.  For the purpose of this article, the customs value of imported identical goods, adjusted in  
accordance  with paragraphs  6 and 7 of this Article,  shall only be determined  on the basis of the 
transaction  value method.  
 
9.  Where  more than one transaction  value  of identical  imported  goods  has been identified,  the lowest  
value  shall be applied  for determining  the customs  value  of the goods  to be valued.  
 
Article  40 – Method  based  on the transaction  value  of similar  goods  
 
1.  Where the customs value of imported goods cannot be determined on the basis of the  transaction  
value  method  or the method  based  on the transaction  value  of identical  goods,  the customs  value of 
goods shall be considered to be the transaction price of such similar goods as were  sold for export 
to Georgia and exported at or about the same time as the goods being  valued.  G/VAL/N/1/GEO/2  
 
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  2.  For the purpose  of this article,  'exported  at or about  the same  time' means  that the difference  
between the date of export of similar goods and the date of export of the goods being valued  does 
not exceed 30 days  (30 days before or after the  export).  
 
3.  For the purposes of determining the customs value of goods, similar goods shall be goods  which 
are not exactly the goods being valued, however the similar goods and the goods being valued  have 
the same country of origin, like physical characteristics and like component  materials, which enable 
them to perform the same functions as the goods bei ng valued and to be  commercially 
interchangeable.  
 
4.  Similar  goods  shall not be goods  where  the engineering,  processing,  artistic  design,  drawings and  
sketches of  such goods have been  produced in  Georgia.  
 
5.  In applying  this article,  the transaction  value  of goods  produced  shall be taken  into account where  
no data on the transaction  value  of similar  goods  produced  by the same  person  (producer)  
can be found.  
 
6.  The basis for determining  the customs  value  of imported  goods  in accordance  with paragraph  1 
of this  article shall be  one of the  following:  
 
a) the transaction  value  of similar  imported  goods  registered  by the customs  authorities  which  
were sold in Georgia  at the same  commercial  level and in the same  quantity  as the goods  being  
valued  (and the volume  and price of  the consignment are  implied);  
b) in the absence  of a condition  under  subparagraph  (a) of this paragraph,  the transaction  value  
of similar  imported  goods  registered  by the customs  authorities  which  were sold at a different  
commercial level and/or in different quantities, provided that the customs value of the above  
goods is adjusted taking into account the differences attributable to commercial level and/or  
to quantity. Such adjustment may be made on the basis of evidence provided to the customs  
authorities, which proves the reasonableness and accuracy of the adjustment, whether the  
adjustment  leads to an increase  or a decrease  in the customs  value  of the  goods.  
 
7.  In determining the customs value of goods, adjustments to the customs value of goods shall be  
carried out in order to take account of the difference in costs provided for by Article 44(6)  of this 
Code incurred due to the difference between the means of tra nsport used to transport  the goods  to 
be valued and  similar imported  goods,  and the  distances of  transport.  
 
8.  For the purpose of this article, the customs value of similar imported goods, adjusted in  
accordance  with paragraphs  6 and 7 of this Article,  shall only be determined  on the basis of the 
transaction  value method.  
 
9.  Where more than one transaction value of similar imported goods has been identified, the  lowest  
value  shall be applied  for determining  the customs  value  of the goods  to be valued . 
 
Article  41 – Method  based  on the unit price  
 
1.  For the purpose  of this article:  
 
a) identical goods shall be goods which comply with the requirements established by Article  39(3)  
and (4)  of this  Code;  
b) similar goods shall be goods which comply with the requirements established by Article  40(3)  
and (4)  of this  Code;  
c)  goods of the same class or kind shall be goods, which are of the same type with the goods  
being valued by their basic physical characteristics; however, their characteristics are as close  
as possible  to the characteristics  of the goods  being  valued  and they belong  to a narrow  group,  
order and nomenclature of the type of goods. Goods of the same class or kind may be  
considered to be goods which are imported into Georgia from the country of export of the  
goods  being valued or other country.  
 
2)  Where  the goods  being  valued,  or identical  or similar  goods,  are sold in Georgia  in the same form  
as they were imported  into Georgia  (in an unaltered  state),  the customs  value  of the goods being  
valued  shall be determined  based  on the unit price at which  identical  or similar  goods  were imported G/VAL/N/1/GEO/2  
 
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  at or about the same time as the goods being valued, and were sold in the  greatest quantity to 
unrelated persons, at the first commercial level, taking into account the  following  deductions:  
 
a)   commissions  normally  payable  or agreed  to be paid in advance,  or a cost plus that is normally  
applied for the purpose of making a profit and the reimbursement of costs associated with the  
sale of goods of the same class or kind in  Georgia;  
b) ordinary  transportation  and insurance  costs incurred  in Georgia  and related  costs;  
c) taxes and other duties provided for by the legislation of Georgia, which are related to the  
import  or sale of goods.  
 
3.  Where the goods being valued, or identical or similar goods, are not sold in Georgia at or  about  
the same  time as the goods  being  valued  were imported  into Georgia,  the customs  value of  the goods 
being valued shall, taking int o account paragraph 2 of this article, be determined based  on the unit 
price at which  the goods  being  valued,  or identical  or similar  goods,  are sold in  the nearest time after 
the import of the goods being valued, but not later than 90 days, in  the same form  as they were  
imported  into Georgia (in an  unaltered state).  
 
4.  Where the goods being valued, or identical or similar goods, are not sold in Georgia  in the  same  
form as they were imported  into Georgia  (in an unaltered  state),  the customs  value  of the goods  being  
valued  shall,  at the request  of the declarant,  be determined  based  on the unit price at  which  the goods  
being  valued  will be sold in the greatest  quantity  to unrelated  persons  after being  processed in 
Georgia. However, the added value emerging during the processing of the  goods being valued shall 
be deducted from their value, and the deductions provided for by  paragraph  2 of this  article sh all be 
made.  
 
Article  42 – Computed  value  method  
 
1.  The customs  value  of goods  shall be a computed  value  consisting  of the following  elements:  
 
a) the value  of fabrication  and/or  processing  of materials  used in producing  the goods;  
b) the amount  of profit  gained  and general  expenses  in sales of goods  of the same  class or kind 
as the goods  being  valued,  which  are made  by producers  in the country  of export  for export  to 
Georgia;  
c) the costs provided  for by Article  44(6)  of this Code.  
 
2.  The value of fabrication and/or processing of materials used in producing the goods,  provided  for 
by paragraph 1(a)  of this  article  shall include:  
 
a) the costs provided  for by Article 44(1)(b)  and (c) of this Code;  
b) the value,  apportioned  as appropriate,  of any goods  or services  provided  for by Article  44(2)  of 
this Code,  which  were supplied  directly  or indirectly  by the buyer  to the seller  in connection with  
the production and sale for export to Georgia of the imported goods. The value of the  elements 
produced in Georgia, provided for by Article 44(2)(c) of this Code, shall be included in  the 
customs  value  only if the producer  has incurred  the appropriate  costs for those  elements.  When 
calculating the value, the price or value of the elements referred to in this paragraph  shall not 
be taken into  account twice.  
 
3.  The general expenses provided for by paragraph 1(b) of this article shall include  direct and  
indirect costs incurred in the production and sale of export goods, which are not provided for by  
paragraph 1(a) of this  Article.  
 
Article  43 – Reserve  method  
 
1.  Where the customs value of imported goods cannot be determined on the basis of Articles  38−42  
of this Code,  the customs  value  of the goods  shall be determined  using  reasonable  means which  are 
consistent with:  
 
a) provisions  of Article  VII of the 1994 General  Agreement  on Tariffs  and Trade;  
b) general  principles  and provisions  of the Agreement  on the Implementation  of Article  VII of  the 
1994 General Agreement on Tariffs  and Trade;  
c) the general  principles  and provisions  of this chapter.  G/VAL/N/1/GEO/2  
 
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  2.  The following  shall not be used as a basis for determining  the customs  value  of goods  on the basis  
of the  reserve method:  
 
a) the domestic  sale price of goods  produced  in Georgia;  
b) the price of goods  in the domestic  market  of the exporting  country;  
c) the price of export  goods  in a foreign  country;  
d) the minimal  customs  value  of goods;  
e) the arbitrarily  selected  or fictitious  value  of goods;  
f) the principle  of obtaining  the largest  of the two values  of goods;  
g) the cost of production  of goods,  other  than the computed  value,  determined  for identical  or 
similar  goods in  accordance with Article 42 of  this Code.  
 
3.  The customs value of the goods determined on the basis the reserve method shall, as much  as 
possible, be based  on the  customs  value of the  goods  previously determined.  
 
4.  The price to be used in the control of the accuracy of determining the customs value of  goods on 
the basis of the reserve method may include data obtained from open sources of  information  and as 
a result  of the generalization  of practice,  which  are of an informative  nature and  are used only to  
establish  the accuracy  of the  customs valuation  of goods.  
 
Article  44 – Elements  of the customs  value  of imported  goods  
 
1.  In determining the customs value of imported goods on the basis of Article 38 of this Code,  the 
following costs shall be added to the transaction value, provided that they have actually  been 
incurred by  the buyer  but are  not included  in the transaction value:  
 
a) commissions and brokerage (except for buying commissions) for the payment of which the  
importer has paid his/her/its agent an amount in exchange for the services provided in  
purchasing  the goods  being valued;  
b) the cost of containers which are treated as being one with the goods in question for the  
purposes of releasing goods for free circulation. Where such container is re -usable, its value  
shall, at the request of the declarant, be apportioned among the goods being valued using  
international  accounting standards;  
c) the cost of packing  of the goods,  including  the costs of labour  and packing  materials.  
 
2.  Where  goods  or services  are directly  or indirectly  supplied  by the buyer  to the seller  free of charge  
or at a reduced price, and they are used in connection with production and sale for  export to Georgia 
of the imported goods, in determining the customs value of the imported  goods on the basis of 
Article 38 of this Code, the value, apportioned as appropri ate, of the  following goods and services 
shall be included in the transaction price to the extent that such value  has not been included  in the 
price actually paid  or payable:  
 
a) materials,  raw materials,  parts and other  components  incorporated  into the goods;  
b) tools,  dies, moulds  and other  components  used in the production  of the goods;  
c) materials  consumed  in the production  of the goods;  
d) engineering, development, artwork, design work, drawing works, plans, schemes, sketches  
and other works performed outside Georgia (services are considered to be provided outside  
Georgia if the place where the service is provided is not Georgia in accordance with Article  
166 of the Tax Code of Georgia  and the transaction  is not subject  to a VAT reverse charge ). 
[d)  engineering, development, structural design and artwork, design work, drawing works, plans, 
schemes, sketches and other works performed outside Georgia (services are considered to be 
provided outside Georgia unless the place where the service is pr ovided is Georgia in 
accordance with Article 1621 of the Tax Code of Georgia and the transaction is subject to a 
VAT reverse charge). ( effective from 1 January 2021 )] 
 
3.  For the purposes of paragraph 2 of this article, the value of goods or services that is to be  included 
in the customs value shall be determined based on the price at which the buyer  purchased  them.  
Where  the goods  are produced  by the buyer,  their value  shall be determined based  on the buyer’s  
accounting  documents.  Where the g oods in question have depreciated, their value shall be 
determined based on  depreciation  rates.  
 G/VAL/N/1/GEO/2  
 
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  4.  In determining the customs value of imported goods on the basis of Article 38 of this Code,  
royalties and licence fees related to the goods that the buyer must pay, either directly or  indirectly,  
as a condition  of an agreement  on the sale or purchase  of the imported  goods,  shall be  included  in 
the transaction  value  to the extent  that such royalties  and fees are not included in  the price paid or 
payable. Licence fees shall be fees for patents, trademarks, copyright, or  know -how. However, 
licence fees and intellectual property fees shall be included in the  customs  value  of goods  if the pieces  
of intellectual  property  are insepara ble from the imported goods  and this condition  has been specified  
in the contract.  Where  the buyer  pays the license fee  to a third person, this  shall be  agreed with the  
buyer.  
 
5.  In determining the customs value of imported goods on the basis of Article 38 of this Code,  to 
the transaction  price shall be added  the value  of any part of the proceeds  of any subsequent resale , 
disposal  or use of the  goods  that accrues directly  or indirectly  to the seller.  
 
6.  The following costs, up to the place where goods are brought into the customs territory of  
Georgia,  shall be  included in  the customs value  of the  imported goods:  
 
a) transportation costs, and loading and handling (including warehousing) charges. Where  
different consignments are imported by the same means of transport, the transportation costs  
shall be proportionally distributed, which shall be laid down in the contract concluded with  the 
carrier;  
b) insurance  costs,  if borne  by the declarant.  
 
7.  The costs provided for by this a rticle shall only be included in the price actually paid or  payable  
on the basis of documented data.  
 
8.  In determining the customs value of the imported goods, the costs not provided for by this  article  
shall not be included in  the transaction value.  
 
9.  The following  costs shall not be included  in the customs  value  of the imported  goods  if these costs  
are shown separately from the price actually paid or payable:  
 
a) taxes  and fees provided  for by the legislation  of Georgia;  
b) transportation  costs after crossing  the customs  border  of Georgia;  
c) charges for construction and erection works, and warehouse, maintenance or technical  
assistance  incurred  after the entry  of the goods;  
d) charges associated with procedures for crossing the customs border of Georgia and other  
charges  associated  with the movement  of goods  brought into  the territory  of Georgia;  
e) charges for interest under a financing agreement entered into by the buyer and relating to  
the purchase of the  import  goods,  provided that:  
e.a) these  interest  charges  are separated  from the actual  price of the goods;  
e.b) the financing  agreement  has been made  in writing;  
e.c) where necessary, the buyer may demonstrate that the goods are actually sold at the 
price declared  and that the rate of interest does not exceed the average rate of interest 
effective in  respect of similar financing agreements at the time when the finance w as 
provided and in the country  where the financing person is located. This provision shall 
apply irrespective of  whether  the transaction  is financed  by the  seller, a  bank or a third 
person;  
f) charges  for obtaining  the right to process  imported  goods  in Georgia;  
g) costs incurred  by the buyer  for obtaining  the right to distribute  or sell imported  goods.  
 
Law of Georgia No. 6818 of 14 July 2020 -Website, 22.7.2020.  
 
Article 45  – Determination of  the customs value  of a carrier  medium  of automated  data 
processing  or other  software  
 
1.  In determining  the customs  value  of a carrier  medium  of automated  data processing  or other  
software, only the price of the software shall be taken into account. Where the value of  automated 
data processing or other software is not separated from the value of the software  carrier medium, 
the value of the carrier medium shall be determined taking into account  Articles  38–44 of this  Code.  G/VAL/N/1/GEO/2  
 
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  2.  For the purpose  of this article,  'software  carrier  medium'  shall not include  integrated  circuits and  
similar  devices, nor  any parts thereof.  
 
Article  46 – Simplified  procedure  for determining  the customs  value  of goods  
 
Where the actually paid and/or payable price or the value of elements (which are or are not  included 
in the customs value of goods) is not quantifiable on the date on which the customs  declaration is 
registered, the customs authorities may permit the person concerned, on the  basis of his/her 
application, to determine the price or the value of elements on the bas is of specific criteria. Cases 
where such valuation on the basis of specific criteria may take place  shall be determined by  an order 
of the  Minister of Finance  of Georgia.  
 
 
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