Content:
- How to optimize customs payments when importing? - IMEX Solutions advice
- How does customs clearance of imports together with IMEX Solutions specialists reduce logistics costs for a business?
Importing goods to Ukraine is a profitable way to expand the range of products, find reliable suppliers and increase the competitiveness of the business. However, when importing goods, every entrepreneur is faced with the need to pay customs payments, which can significantly affect the final cost of the product.
Customs payments consist of the following items:
Duty - depends on the UKTZED code, the country of origin of the goods and the customs value.- VAT on import - a standard rate of 20% of the customs value of the goods, including customs duties.
- Excise tax - applies to certain goods, such as alcoholic beverages, tobacco products, cars.
The calculation of customs payments upon import is carried out according to the following algorithms:
- Duty = customs value × duty rate.
- VAT = (customs value + duty) × 20%.
- Excise tax = depending on the type of goods in accordance with current legislation.
Understanding these dependencies helps entrepreneurs avoid unexpected costs and properly plan customs clearance when importing goods.
How to optimize customs payments when importing? - IMEX Solutions advice
The amount of customs payments depends on several key factors:
- The UKTZED code of the product - determines the duty rate, additional fees and required certificates.
- The country of origin of the product - the possibility of applying preferential duty rates for imports depends on this.
- The customs value of the product - the amount on the basis of which the duty, VAT and excise are calculated.
- Delivery terms - affect the customs value and the distribution of responsibility for costs.
Methods that help optimize customs payments when importing include:
Correct determination of the UKTZED code - helps to avoid inflated duty rates.- The use of preferential duty rates - affects the import of goods from countries with which Ukraine has free trade agreements.
- Confirmation of the country of origin - the presence of an EUR.1 certificate or other supporting documents can reduce the duty.
- Customs value control – correct declaration helps to avoid additional checks and value adjustments.
- Cooperation with a customs broker – allows you to reduce the risk of errors and optimize costs.
You can learn more about customs clearance of goods during import in modern realities in the article “Changes in customs clearance of imports during wartime – what are the benefits and what is worth knowing”
How does customs clearance of imports together with IMEX Solutions specialists reduce logistics costs for a business?
Cooperation with a professional customs broker allows you to avoid most of the problems that may arise during customs clearance of imports. IMEX Solutions is a brokerage company in Kyiv that offers full support for imports – from company accreditation to the registration of all permits.
Effective customs clearance of imports in cooperation with customs authorities involves:
- Pre-emptive preparation of documents for expedited customs clearance.
- Use of online services for calculation and payment of customs payments.
- Control over compliance of goods with the customs code and its cost characteristics.
Correct calculation of customs payments and their optimization allows businesses to significantly reduce costs and avoid unforeseen financial losses. Customs broker services from Imex Solutions guarantee efficient and safe completion of all procedures for clearance of goods.
To receive professional support and advice on customs issues, do not hesitate to contact imex-solutions.com.ua.