Taxes, Customs & Duties
Taxes, Customs, Duties
Import tax, customs & duties regulation vary from country to country. Some countries have relaxed regulations on the import taxes whilst other may not offer such benefit. You will have to check with your country’s custom and excise duty department for further information. Below is some basic information for your references.
Import Duty & Sales Tax
Most countries have two types of charges when importing goods from overseas – Sales Tax (VAT, GST) and custom duty. These amounts are usually not significant compare to your invoice value. They are calculated based on the declared value (and shipment value in certain countries). However, some categories of imported goods are exempted from taxes in certain countries.
When importing bulk quantity of goods into your country, there may be stricter regulation in place to control such activity. However, small quantity of goods can be imported more freely. The “bulk quantity” and “small quantity” are differentiated by the value threshold and this may vary from country to country.
The category of goods that you declare will determine whether you need to pay or how much you need to pay the import duty or sales tax.
The declared content of the parcel must be accurate and true for custom purpose. Any customized declaration requested from us is at your own risk. It is your responsibility and risk to bear should the custom within your country decides to seize your parcel due to incorrect description of parcel content.
How do I pay import duty and taxes:
If you use DHL, Fedex or UPS as shipping option. These courier companies will usually pay the charges on behalf of you and they will subsequently issue an invoice to you. You can make payment to them using cash or credit card.
If you are making a bulk quantity purchase, i.e more than 2 boxes, you can consider hiring a professional licensed custom broker to assist you on the parcel clearance.