I own import stuff from india how much introduction duty and vat do i wages on them.?
The total cost of the decree be lb821.90 (this includes transfer which be lb337). Items are currently anyone held at customs until i ask for them. Can i rate the duty and vat at a following date e.g. after i enjoy received them. How do i discharge, How much do i pay cheque. Thanks
Answers:
There are several different rates of introduction duty depending on the exact type of stock human being import.
The rate of VAT also depends on the commodities but is expected to be 17.5%. The appropriate percentage of VAT is applied to the cost of the direct including labour and the introduction duty.
Unless you own set up a Duty Deferment Account beside Customs & Excise, you can not wages after unloading the products. See the links below for detailed information.
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Answers:
There are several different rates of introduction duty depending on the exact type of stock human being import.
The rate of VAT also depends on the commodities but is expected to be 17.5%. The appropriate percentage of VAT is applied to the cost of the direct including labour and the introduction duty.
Unless you own set up a Duty Deferment Account beside Customs & Excise, you can not wages after unloading the products. See the links below for detailed information.