No Commercial Value (NCV) refers to goods that are used solely for display, testing, or promotion, not for sale, and have very low or zero intrinsic value. Commonly seen in sending samples, advertising materials, catalogs, etc., they may be exempt from tariffs or have simplified customs clearance upon import. Usage scenarios include: sending samples without a selling price to potential customers, promotional items left after exhibitions, low-value components for R&D testing. Precautions: 1) Customs may require a value declaration or proforma invoice marked 'No Commercial Value'; 2) If samples actually have value but are undervalued, it may be deemed tax evasion; 3) Unlike 'low-value samples,' NCV emphasizes no commercial use, while low-value samples may still be for sale; 4) Unlike 'free gifts,' NCV typically does not involve sales activities, while free gifts may come with promotional conditions. Differences: As opposed to 'commercial samples,' which have clear market value and may be used for subsequent sales; overlaps with 'free samples,' but free samples may still have commercial value. Proper use of NCV can expedite customs clearance and reduce costs, but truthful declaration is required to avoid compliance risks.
📝 Examples
1. Our company is sending 5 units of No Commercial Value (NCV) samples for your testing. Please assist with customs clearance. The attached proforma invoice is marked 'No Commercial Value.' (Note: Sending test samples to customers, emphasizing no commercial value to simplify import procedures.)
2. The remaining brochures and keychains after the exhibition will be donated to local schools as No Commercial Value (NCV) samples, with no import duties required. (Note: Disposing of low-value items left after exhibitions, using NCV status to avoid tariffs.)
💡 Foreign Trade Tips
Foreign trade terms are the foundation of international business communication
Trade practices may vary slightly by country; pay attention when using them
When using terms in contracts, specify the applicable version (e.g., Incoterms 2020)
For unfamiliar terms, use GlobalSync's multilingual email helper to confirm with your partner