What you need to know about US customs duty fees ?
You travel abroad, and you buy expensive gifts for family or friends, right? When you land in USA, you realize that you have to pay an additional amount as Custom duty clearance for the product. What is the Custom duty and why is it collected?
Import duties are taxes imposed by the central government on imports into the country, and sometimes even on some exports. This tax is a type of indirect tax. The duty imposed on imports is called ‘import duty’ and what is charged to exports is ‘export duties’.
Custom duty aims to achieve two objectives; to increase tax revenues and to protect domestic industries from excessive competition from international goods entering this country.
Custom duty is collected according to the value of the goods or dimensions, weight and other criteria according to the item in question. If assignments are based on the value of goods, they are referred to as ad valorem tasks, while tasks based on quantity/weight are called special tasks. Compound charges on goods are a combination of values and various other factors. You can also find out more via USPS or at your post office.
USA Customs Import and Export Duty Calculator
The customs clearance and export-import calculator will help you identify the export duty rates that you will pay for the United States. By providing some important information to our broker team, we can determine the rates that are due and help you in clearing the product. This value includes the price paid for goods, shipping, packaging and insurance. Together with US customs import and export calculators, you will get all the tools you need to import or export goods, including eligibility to claim assistance or exemption and how to minimize the potential for surprise costs.
What does it cost?
United States Customs – The sender provides a description of the purchased item that determines the US Customs Harmonization Code. This code determines the amount of Customs that must be paid to US Customs.
Trade Goods Processing Costs – This cost is included in US Customs and are non-refundable fees charged by US Customs for their administrative costs. This fee is included in the customs clearance in your email (this fee occurs even though the import duty is free). The level used is 0.3464% of the stated package value.
Advancement Fee– You need to pay the duty and fees on all B2C packages worth more than $ 800 directly to US Customs. This fee can be written off if you want to be present before US Customs directly with the appropriate documentation. If you check the website of another international shipping company, you will see the same fees, for example, UPS calls it a Disbursement fee, DHL calls it an Administration fee while FedEx calls it the Progress fee.
Handling Costs – To navigate the US Customs process, you need documentation of proper permits, tracking capabilities, bound storage facilities, inspection stations and trucks. We must also answer questions and US Customs audits.
Assignments and related costs are imposed to generate revenue for the government and protect US industries from foreign competition