Are there customs fees

There were many reported issues with the music festival that never got off the ground. What are customs duties? Let us explain. A customs duty is an indirect tax levied on both imports and exports by customs authorities for international shipments. No, no it is not.

A customs duty is a tax assessed when importing or exporting. Tariffs are specific taxes paid on items that are classified in a particular class of imports.

Different rates of Excise Duty apply to different goods. These are extra import duties imposed on goods in addition to the normal duties that apply. The purpose of these charges is to prevent cheap imports from countries with lower material and labour costs damaging EU industry.

VAT is payable on goods at the rate that would apply if they were bought in Ireland. The value of the goods for calculating the VAT is the customs value described above plus:. The following examples show how to calculate what you owe on goods when you buy online from outside of the EU. These examples are not exhaustive. However, they provide a range of goods and duty rates. The method of calculation can be applied to any goods. Some websites may include duty and tax in their prices.

Published: 01 July Please rate how useful this page was to you Print this page. The amount of duties and taxes you need to pay for a shipment are determined by several factors: The HS code is used to classify the product type. Customs authorities use this commodity code to quickly understand what is being shipped and to apply relevant taxes, duties and any regulations.

The value of the goods , including freight and insurance fees, help customs to determine the duties and taxes and to clear your shipment. That's why it's essential to state the correct value on the commercial invoice.

The goods description on the commercial invoice, including the product's end-use and country of manufacture. To make sure the goods are classified correctly, the HS code and goods description should match. International trade agreements between countries can influence the amount of taxes and duties on a shipment. If you're shipping goods between nations that share a trade agreement, then they may be exempt from duties or eligible for a reduced rate.

How do customs officials assess the duties and taxes? How to calculate import duties First, you need to determine the duty percentage rate on the goods you're shipping. When do I need to pay the duties and taxes on a shipment? Other costs to keep in mind When sending goods internationally it's important to have a complete understanding of a shipment's total costs also known as landed costs.

Other charges that apply to your shipment along the way can include: Carrier fees — The price of shipping your goods from A to B. Carriers can also provide many of the services listed below, so that all duties, taxes and other costs may be charged together with the carrier fees. Broker fees — The cost of using a customs broker to clear goods through customs. Brokers often pay duties and taxes on behalf of the receiver, and then charge them to the receiver combined with their fee.

If the value of the goods is still below EUR , no duties will be charged and the goods are duty-free. Value of goods: over EUR If the value exceeds EUR the goods are no longer duty-free and there is an additional percentage customs fee of the value of the purchase price to pay including the shipping costs. The rate varies depending on the products. However, not on all products are duties to pay, many are import-free.

The transaction price of a product is the price actually paid or payable, which is used to calculate the import duties. No adjustment to the declared value shall, however, be made in respect of such charges in determining the value of consignments of a non-commercial nature.