8. Method I: Transaction value

8.8. Activities on the buyer's own account

The Interpretative Note to Article 1 gives further guidance on the price actually paid or payable. Paragraph 2 states that the value of activities the buyer undertakes on its own account, other than those for which Article 8 provides an adjustment, are not to be added to the price actually paid or payable.

✘ Not added to the price actually paid or payable

·         Market studies and market research

·         Advertising the brand or trademark the goods are sold under

·         Preparing a showroom

·         Taking part in trade fairs and exhibitions

·         Testing

·         The cost of obtaining a letter of credit

Post-importation charges

✘ Excluded when distinguishable from the price

·         Construction, erection, assembly, maintenance or technical assistance carried out after importation (for example on industrial plant, machinery or equipment)

·         Transport after importation

·         Duties and taxes of the country of importation