RE: FN-FORUM: Import & Export Costs?

date posted 7th August 2004 10:40

Thanks for all the info guys, I assume landed cost means the total the
client paid for the products not they're cost here? And that can be
claimed back yeah?

Also he is importing from a non VAT state in America this doesn't affect
anything here does it? Just import cost.


Regards,

John

www.keltecdesign.co.uk
for all your media solutions


-----Original Message-----
From: [EMAIL REMOVED] [EMAIL REMOVED] On Behalf Of KKC
TFXWeb
Sent: 07 August 2004 09:46
To: FN-FORUM / [EMAIL REMOVED]
Subject: RE: FN-FORUM: Import & Export Costs?


>I can confirm the information above - Import Duty and VAT is on Landed
Price. Ask your friend to mention that he is exporting the goods when
he is
>buying them, and the company *should* knock off any taxes at their end.

p.s. If the items are being supplied by someone you know beware of
trying to
declare a low value to save on duty and VAT - if Customs believe the
value
has been misdeclared they can, and almost certainly will, impose their
own
valuation on the goods and charge duty and VAT on that basis.



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