Examples for calculating import duties
Example for calculating customs duty and import VAT:
You have ordered a blouse from China that costs 200 euros. The postage is 35 euros. The general customs duty rate on clothes is 12 %.
Customs duties are levied on the consignment because the goods are delivered from outside the EU and are worth more than 150 euros. As for VAT, the value limit for a VAT-free consignment is 22 euros.
- The customs duty is 12 % of the value of the goods and the postage.
- (€200 + €35) x 0.12 = 28.20 euros
- The amount of VAT is 24 % of the taxable amount for import VAT:
- (€235 + €28.20) x 0.24 = 63.17 euros
The total import duties collected on the blouse is 91.37 euros.
Example for calculating import VAT:
You have ordered a blouse from the Canary Islands that costs 200 euros. The postage is 35 euros. The amount of VAT imposed on the consignment is 24 % of the sum of the purchase price and transport costs, as the goods will be delivered from outside the fiscal territory of the EU.
- (€200 + €35) x 0.24 = 56.40 euros
A total of 56.40 euros in VAT is collected on the blouse.
Example of a food supplement order exempt from import VAT because the VAT amount is under 5 euros:
You have ordered food supplements from the United States that cost 29 euros. The postage is 5 euros. No customs duties are levied because the limit for duty-free consignments is 150 euros. The value added tax on food is 14 % of the total price (purchase price + postage).
- (29 € + 5 €) x 0,14 = 4,76 euros
- The VAT rate is 4,76 euros.
No VAT is levied on the consignment because it amounts to under 5 euros, which is the minimum amount levied. The consignment must be cleared through Customs, however, because the value of the goods is over 22 euros.