WTO CVA:ProvisionsrnAccording to Article 1 of the Agreement,the primary basis for customs value is the transaction value,that is,the price actually paid or payable for the goods when sold for export to the country of importation.The transaction value can be adjusted upwards or downwards in accordance with the provisions of Article 8 of the Agreement.rnRoyalties and license fees are referred to in Article 8.1(c) of the Agreement as upward adjustments.The royalties and license fees must be added to the transaction value if the following main conditions are met:they should be related to the goods being valued;they should be paid by the buyer,either directly or indirectly;they should be paid as a condition of sale of the goods being valued;they are not included in the price actually paid or payable;the adjustment should be done on the basis of objective and quantifiable data.