How do you calculate the fees to pay?

 

VAT is always the same as that in force in the country, but the rate applied by customs duties varies according to the type of goods, which is annually fixed by Community legislation. “The value taken into consideration for the calculation of customs duties is the so-called” customs value “, which normally includes the price actually paid for the purchase of the product (invoice) and transport and insurance costs to the place of customs clearance”, read on the website of the Tax and Customs Authority. Then the VAT is calculated based on this sum. You will still have to pay for the customs clearance process, which has an average cost of 10 euros.

To facilitate the calculations, before making a purchase on a site outside the EU go to the website of the Tax and Customs Authority , then click on the Customs Tariff section and then on “Nomenclature” and “import” to search for the tariff code (a EU product classification system containing import and export duty rates and other applicable protection measures).

If, for example, you buy a camcorder, you should put the word “camcorder” in the space that says “text” and click on the appropriate code for the product you are going to buy. There you will find the rates of duty applicable to Third Countries (TPT) and VAT applied to that product.

In the case of the camcorder, the customs fee is 5% and the VAT applied is 23%. Therefore, imagining that the machine cost 400 euros (including insurance and transport costs), when retained in customs can pay 20 euros of customs duties and will pay 97 euros of VAT (value of the order + customs duties * 23%) . The cost of the customs clearance process should also be added to this amount. In the end, will end up paying more about 120 euros, which may not compensate in relation to the price of the store in Portugal.