„Declared Value for Customs“
What does Declared Value for Customs stand for?
The value of a shipment according to the customs laws of the destination country required to be declared by the shipper on the shipping documents or by the importer when he presents the goods for customs clearance.
Source:
Customs and TariffsView all itemsGrainger, Alan P. “Customs and Trade Management: Theory and Practice.” Routledge, 2020.