buying commission
purchasing commission

Buying commission is to be included in the value for VAT.

Remember you must always include buying commission in the value for import VAT (see Section 24.2).

But you can exclude buying commission if it is shown separately from the price paid or payable for the goods (see paragraph 3.16(f) and Section 34).

(f) Buying commission.

The system of selling and buying commissions is portrayed in detail by the Richard Sharpe series of novels by Bernard Cornwell.

Buying commission is the term used for the fees paid by an importer to his agent for the services in representing him in the purchase of the imported goods.

Trade was conducted primarily through Soviet trade representatives in Britain and Iran and the Soviet Buying Commission in the United States.

Commission: Commission is a payment made to an intermediary who acts on behalf of either the seller of the goods (selling commission) or the buyer of the goods (buying commission).

We may ask for further evidence of the contractual and trading arrangements between you and the other parties involved in support of any claim to leave out the amount for buying commission from the customs value.

In order to exclude the payment for buying commission from the customs value, the payment must be shown separately from the price for the goods on the documentation (for example invoice, valuation declaration) accompanying the entry to free circulation.