In addition to minor editorial amendments, the European Commission has made the following key changes to the Customs Valuation Compendium (the “Compendium”), which serves as useful guide for the customs valuation of goods imported into the EU. The Compendium is prepared primarily for local customs authorities of the various EU Member States, but is made publicly available for interested parties. The latest version was published in April 2024. Customs valuation treatment of damaged or defective…