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Shivansh Goel

Shivansh Goel

Importer
11 Followers

Costs Excluded from the Assessable Value

Is there something excluded from the assessable value?
From Argentina
To India
May 18
2022
1
answer
May 18, 2022

The following costs are excluded from the assessable value:

  1. Charges for construction, erection, assembly, maintenance or technical assistance undertaken after importation of plant, machinery or equipment;
  2. Cost of transport after importation;
  3. Duties and taxes in India; and,
  4. Types of duties on exports and imports in India are covered in the Customs Tariff Act 1975. The Act provides all the laws and regulations related to customs in India.
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From Ghana
To South Africa
Feb 09
2022
1
answer
Feb 09, 2022

An ATR1 document enables goods to qualify for tariff preferences on imports and exports between the EU and Turkey.

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Master Carton in Packaging

What is meant by master carton in packaging?
From Canada
To Cote d'Ivoire
Nov 19
2021
1
answer
Nov 19, 2021

This is referring to the outer box that contains your goods at it's the largest quantity other than a pallet. Essentially from the manufacturer, you could expect to receive nothing but Master Cases either floor loaded in a container or on pallets.

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Importer into the UK

What happens if we act as the importer into the UK?
From United Kingdom
To Belgium
Oct 21
2021
1
answer
Oct 21, 2021

The EU exporter would complete the EU export declarations and you or your agent would need to complete the import declarations. If you have not completed import declarations before (i.e. have never imported from non-EU countries), the most important issue is to get the origin, value and identification of the goods right so that you pay the correct customs duty.

If you are going to do your own customs declarations in house, it is vital that you have the necessary interfaces with HMRC’s declaration system and that your team are properly trained – errors on the declaration will cause delays and additional costs.

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Customs broker in Mozambique

Is the use of a customs broker obligatory in Mozambique?
From Mozambique
To British Virgin Islands
Sep 24
2021
1
answer
Sep 24, 2021

Yes, in Mozambique at the current time, the use of a customs broker, who is qualified and registered, is obligatory. Companies may however have in-house brokers, as long as they have passed the exam and are appropriately registered.

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