How to determine the import duty on goods
How to determine the import duty on goods
When importing goods into the territory of the Russian FederationThe carrier is obliged to pay customs duties. The terms and procedure for payment of such duties are regulated by the Customs Code. Objects of customs duties are goods moved across the border, and the person responsible for their payment is the declarant or the intermediary (customs broker).
Instructions
1
In order to calculate the import duty,it is necessary to know the customs value, as well as the volume of imported goods. The customs value can be determined by the value of the transaction with the imported goods. There are other methods of determining the cost (the cost of a transaction with identical goods, the cost of a transaction with similar goods, the method of subtraction, addition and reserve). They are only used if the first method can not be used. Moreover, the customs authorities use all possible methods when determining the value of imported goods.
2
Remember that the calculation of the amounts of customs duties,payable upon importation of goods, is made in Russian currency. If necessary, the recalculation of foreign currency is made to determine duties, taxes and customs value. For this purpose, a course established by the Central Bank for the purposes of recording customs payments on the day of adoption of the declaration by the customs authority is used.
3
To calculate the customs duty, you mustknow the rates. They are single and are not subject to change depending on the persons importing the goods, types of transactions and other factors. The organization, importing the goods, should be guided by the rates established by the Tax Code. For example, when importing fresh tomatoes to Russia from May 1 to May 14, the customs duty is 15%, but not less than 0.08 euros per 1 kg of vegetables.
4
So, to determine the amount of customs dutyand VAT, you can use the following formulas: Customs duty = Customs value of imported goods x Currency exchange rate of the Central Bank as of the date of submission of the customs declaration x Import customs duty rate. VAT = (Customs value of goods x Currency exchange rate of the Central Bank as of the date of submission of the customs declaration + Customs duty + The amount of excise (on excisable goods)) x The VAT rate.
