How do Customs determine the value of imported items from the US to the EU?

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Usually you can't get "the exact same item" in the EU. An iPad sold under US law would have different warranty conditions than one sold under EU law, even if it is physically the same hardware.

  • If you have an invoice/receipt and there is no reason to believe it is fraudulent, the receipt will determine the value.
  • If it is well known that the same model number costs less in the US than in the EU, they will not generally doubt the documents.
  • If you have no receipt, or if things appear not credible to the customs staff, they might e.g. run a quick google search.

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