Author Topic: Import tax and duties, shipping cost of hi end speakers?  (Read 179 times)

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Offline Own7

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Can anyone educate me computation wise The cost of shipping and taxes of an speakers that cost 7000 euros and weights 90 kilos? Thanks

Online bumblebee

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Re: Import tax and duties, shipping cost of hi end speakers?
« Reply #1 on: May 10, 2019 at 05:30 PM »
Shipping, no tax - (Assume $6 per lb (198lbs) + clearing fee+misc fee) * 1.12
Shipping, tax - (7000 + shipping costs + misc) * 1.05 * 1.12

Offline alvinbaronsia

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Re: Import tax and duties, shipping cost of hi end speakers?
« Reply #2 on: May 10, 2019 at 05:35 PM »
Shipping, no tax - (Assume $6 per lb (198lbs) + clearing fee+misc fee) * 1.12
Shipping, tax - (7000 + shipping costs + misc) * 1.05 * 1.12

You've done this before? Tax for speakers is only 5%+VAT?

Offline Own7

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Re: Import tax and duties, shipping cost of hi end speakers?
« Reply #3 on: May 10, 2019 at 05:38 PM »
Shipping, no tax - (Assume $6 per lb (198lbs) + clearing fee+misc fee) * 1.12
Shipping, tax - (7000 + shipping costs + misc) * 1.05 * 1.12

Thanks sa tulong bro.
Shipping cost ko pala is 63k php, pano i compute ung 1.12 and 1.05 na clearing and misc fees? Diba subject ako sa luxury tax and advalorem? Thanks

Online bumblebee

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Re: Import tax and duties, shipping cost of hi end speakers?
« Reply #4 on: May 10, 2019 at 05:40 PM »
You've done this before? Tax for speakers is only 5%+VAT?

Nope, just recalled what I saw in the customs calculator.

Online bumblebee

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Re: Import tax and duties, shipping cost of hi end speakers?
« Reply #5 on: May 10, 2019 at 05:43 PM »
Thanks sa tulong bro.
Shipping cost ko pala is 63k php, pano i compute ung 1.12 and 1.05 na clearing and misc fees? Diba subject ako sa luxury tax and advalorem? Thanks

Sorry, make that 5% of all costs then 12% on top of that + the 5%.

Offline Own7

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Re: Import tax and duties, shipping cost of hi end speakers?
« Reply #6 on: May 10, 2019 at 05:48 PM »
Sorry, make that 5% of all costs then 12% on top of that + the 5%.

So mga 17% pala tax ko? 5% na luxury and 12% vat? Paano computation ng shipping? Sa web ng customs 15% ang luxury ng audio video and subject pa ata ito sa landing cost, kaya lumalaki ba luxury tax pag pamahal ng pamahal items?thanks

Offline Own7

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Re: Import tax and duties, shipping cost of hi end speakers?
« Reply #7 on: May 10, 2019 at 05:48 PM »
You've done this before? Tax for speakers is only 5%+VAT?

Me idea ka sa shipping cost?thanks

Offline DPT

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Re: Import tax and duties, shipping cost of hi end speakers?
« Reply #8 on: May 10, 2019 at 09:07 PM »
So mga 17% pala tax ko? 5% na luxury and 12% vat? Paano computation ng shipping? Sa web ng customs 15% ang luxury ng audio video and subject pa ata ito sa landing cost, kaya lumalaki ba luxury tax pag pamahal ng pamahal items?thanks


Technically it is not 12% + 5% = 17% ang taxes mo.

Kasi ang customs tax na dagdag singil sinasama sa vat sa pag kaalala ko.


So kung 15% ang customs taxe rate.

((Item cost  x 1.15)+ shipping cost + etc etc) x 1.12

so for example kung 30000 ang cost ng item Tapos sabihin natin 5000 ang shipping + insurance  tapos  200 misc lahat in pesos.

CIF pala ang basis.  Cost of goods + freight + insurance.

((30000 + + 5000  x 1.15)  + 200) x 1.12 = 45080  pesos ang total bill mo


Di ko alam kung nagkamali si Bumblebee or ako ang mali.

Sa binigay nyang formula parang kasama pinapatawan ang customs tax  ang shipping fee at misc kasi minumultiply nya lahat by 1.05



Dapat alam mo ang shipping cost mo para ma estimate mo maayos makano lahat magagastos mo total for the item, shipping. taxes, vat, and etc etc





« Last Edit: May 10, 2019 at 10:16 PM by DPT »

Online bumblebee

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Re: Import tax and duties, shipping cost of hi end speakers?
« Reply #9 on: May 10, 2019 at 09:32 PM »
To make it clear.

1. Add all costs, cost of item, shipping fee, misc, etc -> subtotal
2. subtotal * 1.05 -> subtotal + duties
3. (subtotal + duties) * 1.12 -> total cost after VAT