<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Waste becomes a renewable resource, and its low transaction value raises doubts about the calculation of import duties. Inadequately regulated international trade of waste does not correspond to the circular economy concept. The present research aims to present a theoretical model of customs valuation of waste in the context of the circular economy. In the present research were applied scientific literature analysis, comparison, synthesis, deduction methods, and prepared theoretical model. In the theoretical model of customs valuation of waste, two alternatives for determining the customs value were proposed, taking into account the selected waste management policy of the country.</p>
</abstract>

Waste becomes a renewable resource, and its low transaction value raises doubts about the calculation of import duties. Inadequately regulated international trade of waste does not correspond to the circular economy concept. The present research aims to present a theoretical model of customs valuation of waste in the context of the circular economy. In the present research were applied scientific literature analysis, comparison, synthesis, deduction methods, and prepared theoretical model. In the theoretical model of customs valuation of waste, two alternatives for determining the customs value were proposed, taking into account the selected waste management policy of the country.

Customs Valuation of Waste for Development of the Circular Economy

Management Theory and Studies for Rural Business and Infrastructure Development

This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 International License.

{"article-title":"Customs Valuation of Waste for Development of the Circular Economy"}

Waste becomes a renewable resource, and its low transaction value raises doubts about the calculation of import duties. Inadequately regulated international...

Customs Valuation of Waste for Development of the Circular Economy

Article Category: Article

Published Online: Jan 13, 2024

Page range: 221 - 232

Received: Jul 27, 2023

Accepted: Jul 31, 2023

DOI: https://doi.org/10.15544/mts.2023.22

Keywords
circular economy, customs, fallback method, transaction value, waste valuation, waste export, waste import

© 2023 Erika Besusparienė et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 International License.

Customs Valuation of Waste for Development of the Circular Economy

Article Category: Article

Published Online: Jan 13, 2024

Page range: 221 - 232

Received: Jul 27, 2023

Accepted: Jul 31, 2023

DOI: https://doi.org/10.15544/mts.2023.22

Keywordscircular economy, customs, fallback method, transaction value, waste valuation, waste export, waste import

© 2023 Erika Besusparienė et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 International License.

Keywords
circular economy, customs, fallback method, transaction value, waste valuation, waste export, waste import