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Customs

  • 12-07-2013 5:17pm
    #1
    paulbohs
    Registered Users, Registered Users 2 Posts: 20 ✭


    I want to buy some sporting equipment which is 29k in Europe but just 20k in USA and Australia. My question is can I go to America and buy the equipment, declare it to customs at the airport and claim back the import duty tax? so saving most of the 9k.


Comments

  • #2
    Marcusm
    Registered Users, Registered Users 2 Posts: 10,760 ✭✭✭✭Marcusm


    If you declare it at the airport, you'll likely end up paying the relevant duty plus VAT. I think the duty rte is 2.7% plus 23% VAT. this would also be payable if you had it delivered. If buying in the US for direct export, try and make sure to buy it in a state with no sales tax; otherwise you'll pay even more.


  • #3
    RUDOLF289
    Registered Users, Registered Users 2 Posts: 794 ✭✭✭RUDOLF289


    paulbohs wrote: »
    I want to buy some sporting equipment which is 29k in Europe but just 20k in USA and Australia. My question is can I go to America and buy the equipment, declare it to customs at the airport and claim back the import duty tax? so saving most of the 9k.

    Hello Paulbohs,

    If you are a VAT registered trader, you can definitely claim back the VAT on the product througfh your periodic VAT return. Import duty is not reclaimable.

    If you can tell me what sort of sports equipment you are looking at and the value in Us$ I can do a proforma calculation. Just bear in mind that you may have to pay duty / VAT over any excess luggage charges you might be paying. Duty is calculated over the CIF value (Cost Insurance Freight), VAT is calculated over the CIF Value plus Duty.

    Hope this clarifies. Let me know if you need any further assistance

    Cheers,
    Rudolf289


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