Cost of importing cricket equipment
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cricket247365

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Cost of importing cricket equipment
« on: January 28, 2011, 08:27:54 AM »
If you were to import cricket equipment from India like many companies do what would the import costs be?

Ive been on HM Revenue and Customs and have seen VAT is charged at the normal rate but cant see if tehre are any further costs, any help would be appreciated!
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tim2000s

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Re: Cost of importing cricket equipment
« Reply #1 on: January 28, 2011, 08:36:57 AM »
You have a fairly good chance of being charged duty as it comes through customs (which is usually between 5% and 9% however can range from 0% to 85%!).

From the Royal Mail website:

Quote
If you are receiving a package from overseas (unless it’s from another EU Country), please be aware that it may incur customs charges. Any package assessed by HM Revenue and customs as being liable for customs charges will also incur a Royal Mail handling fee of £8.

Any goods imported into the UK over the value of £18 are liable to import VAT. Gifts between private individuals over the value of £40 are also liable for VAT. Goods and gifts over these values may also be liable for customs duty. You no longer have to pay customs duty for goods up to the value of £135, however you will still be required to pay import VAT and excise duty where applicable.

If it comes via a courier company, you will definitely have to pay all VAT and duty.

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