Customs Duty is a tax imposed on imports and exports of goods and it is collected by customs authority in each country. While importing goods, customers may be charged VAT(Value Added Tax) and sometimes, handling charges apart from import duties.
The rates of customs duties are based on the value of goods imported or exported. Duties are generally of the following types on which customers are charged: 1. Basic duty; 2. Additional Customs duty; 3. True Countervailing duty or additional duty of customs; 4. Anti-dumping duty/Safeguard duty. Custom duty varies from country to country.
Example of basic duty charge
Value of goods = $500
Import duty in India = 10% (based on HTS code)
Total import duty charged = 10% * 500 = $50
Example of additional custom duty charge
Value of goods = $500
Import duty in UK = 12%(based on HTS code)
Import duty = 12% * 500 = $60
VAT in UK = 20%
VAT Charge = 20% * 500 = $100
Handling charge or miscellaneous charge = $$$
Total import duty charged = $60 + $100 + $$$
NOTE: We can process a refund for the amount paid on handling and tax fees of the parcel via the original payment method or GC. We require that you send us the actual picture of the receipt of duties paid.
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