View Full Version : UK Customs and Excise Charges on Bins from USA.
alan_rymer
Tuesday 6th January 2004, 10:41
Not sure where to put this info!.
I have been lookung at getting some Bins from thge USA and thought I would find out what charges UK Customs & Excise would levy on top.
Each item has a commodity code. Bins are 9005100000
Purchase Price+ Insurance+Delivery Multiplied by 4.5% then standard VAT on top of that.
Example:
product cost converted to UKP £ = 100
Insurance (if any ) converted to UKP £=10
Delivery converted to UKP £=10
=120 multiplied by 4.5% = £125.40 Pence
17.5% VAT on top of that = £147.35
Which isn't too bad really, when you consider the savings that could be made!.
C&E Phone number for queries is 0845 010 9000
robinm
Tuesday 6th January 2004, 11:22
Interesting. But isn't 4% on £120.00 £4.80 not £5.40. Sorry to be pedantic.
alan_rymer
Tuesday 6th January 2004, 11:44
Just seeing whose taking notice!. Well done Robin!.
My excel calc obviously needs work!.
Just checked and corrected it. My calc was correct.
but the duty is 4.5% not 4% as I had on the original post
birdman
Tuesday 6th January 2004, 12:37
Good info, Alan... but I'm a bit concerned that the mirky world of Commodity Codes has hit BF!!!
(Guess what muggins does at work! ;) )
robinm
Tuesday 6th January 2004, 12:47
Just seeing whose taking notice!. Well done Robin!.
My excel calc obviously needs work!.
Just checked and corrected it. My calc was correct.
but the duty is 4.5% not 4% as I had on the original postI spotted that your calc was 4.5% but then didn't bother to mention it. DOH.
goldilocks
Tuesday 6th January 2004, 15:40
Not sure where to put this info!.
I have been lookung at getting some Bins from thge USA and thought I would find out what charges UK Customs & Excise would levy on top.
Each item has a commodity code. Bins are 9005100000
Purchase Price+ Insurance+Delivery Multiplied by 4.5% then standard VAT on top of that.
Example:
product cost converted to UKP £ = 100
Insurance (if any ) converted to UKP £=10
Delivery converted to UKP £=10
=120 multiplied by 4.5% = £125.40 Pence
17.5% VAT on top of that = £147.35
Which isn't too bad really, when you consider the savings that could be made!.
C&E Phone number for queries is 0845 010 9000
Alan - I'm obviously more senile than you - in your calculation is the £147.35p what C&E would charge you -or- is it the difference between £147.35p and what the item cost ???
Bob (a bear with very little brain !)
alan_rymer
Tuesday 6th January 2004, 16:11
Alan - I'm obviously more senile than you - in your calculation is the £147.35p what C&E would charge you -or- is it the difference between £147.35p and what the item cost ???
Bob (a bear with very little brain !)
Goldilocks
Yup you are right, the calculation is what they base their charge on :
Inport duty of 4.5% of the total cost including insurance and carriage plus the VAT.
In the example I gave you would be liable for £27.35 to the Coffers of the Government on top of the £120 that you already paid to the supplier.
HTH
goldilocks
Tuesday 6th January 2004, 16:36
Goldilocks
Yup you are right, the calculation is what they base their charge on :
Inport duty of 4.5% of the total cost including insurance and carriage plus the VAT.
In the example I gave you would be liable for £27.35 to the Coffers of the Government on top of the £120 that you already paid to the supplier.
HTH
Alan
Many thanks for that - with the $1 = £1 that most of our UK suppliers employ I will definitely start searching the U.S. dealers for my new Scope.
Bob
Grousemore
Tuesday 6th January 2004, 16:49
I wonder which Bins/Scopes are worth buying from the USA;in my experience the major brands are cheaper in the UK,even allowing for the " weak' Dollar.
digi-birder
Tuesday 6th January 2004, 17:00
When I was changing my camera from the 995 to the G3, I almost bought one from the USA, bearing in mind that the duty on digital cameras is 0% (and I've just checked and it's still zero). The reason I changed my mind was that I wondered what I would do if it needed returning due to a fault or something. When I added up the total cost of importing the camera, even taking into account the zero duty, I was no better off. The shipping costs that some retailers were charging also put me off. In one case it came to around £70.
In the end I managed to get almost as good a deal by negotiating a price-match at Jessops, saving over £100 on their normal price.
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