How to find UK Import DUTY & VAT | TUTORIAL with 2 examples

[@NishaMenonBusinessTalks]

Thanks a tonne for watching! Watch this video next "GUIDE to IMPORTING into UK (2020) | Incl DOCUMENTS Required" kzbin.info/www/bejne/Z5bXqZaNo8mjaNE

[@tobyford4171]

Thank you for posting these videos, they have been so helpful.... Keep up the fantastic work.

[@NishaMenonBusinessTalks]

Thanks a lot Toby 😊

[@vasugowdvasu87]

Exports help

[@funfaroo]

Hi, I find your videos very informative

[@NishaMenonBusinessTalks]

Thank you 🙌😀

[@camillamorgon6890]

Finding your videos so helpful thank you so much!!!!!

[@NishaMenonBusinessTalks]

Pleased to hear that 😊 Most welcome xx

[@KingNnaji]

Thanks for sharing your wisdom

[@NishaMenonBusinessTalks]

Most welcome 😊

[@pradeepreddyramreddygari1419]

Thanks a Ton for your videos. Giving us some confidence to enter into import business

[@NishaMenonBusinessTalks]

Soo pleased to hear that 😊

[@ppppprasad]

You are amazing, learning a lot from your videos. Thank you .

[@NishaMenonBusinessTalks]

Thanks a tonne for your encouraging comments..Prasad!

[@subirdas6513]

Very useful! Thanks Nisha!

[@NishaMenonBusinessTalks]

Most welcome Subir 😊

[@dhahdmoh9830]

Very informative video. Thank you for that. I have a question might sound stupid but is the VAT calculated on the market value of the goods or the price you paid at the country of origin ?.

[@NishaMenonBusinessTalks]

The Duty is calculated on the Invoice value of the goods. In some cases, on the weight of the goods. Depending on what the product is

[@yashchauhan8985]

So helpful video thank you very much ma'am.

[@NishaMenonBusinessTalks]

Most welcome Yash🙂

[@deekshanautiyal2311]

Thank you for the video. Have a question iam planning to start a small scale business of imitation jewellery in UK.. do I have to register somewhere ? If iam importing INR 20k product than I have to give 20%vat on the 20k rupees or the amount in which iam going to sell

[@NishaMenonBusinessTalks]

Hi Deeksha You will have to register your business with Companies House. If the product has VAT, then you will have to pay 20% VAT on the 20k. When you do sales, you will charge customers VAT too.

[@rajayeshs4827]

Hi mam could u do it for importing vat & tax in india

[@NishaMenonBusinessTalks]

Hi Could you pls.elaborate on the topic. Also I haven't imported into indis

[@alanjoykpl]

Do you currently use a freight forwarder to deal with all of these for you business?

[@NishaMenonBusinessTalks]

Hi Allen, Yes we have a Freight forwarder. Pls drop me an email at [e-mail] and I will make an intro.

[@davidwilson2248]

Can I ask you a question please. I buy Hydraulic parts from France the parts are shipped direct to my customer in the UK. My supplier in France is saying to me that they need to attach the invoice to the parcel this means my customer will see my net cost. Thank you

[@NishaMenonBusinessTalks]

Hi David Yes when the parcel is sent out from France, the invoice needs to be sent with it. Only then customs can know the value of the goods. So are you an agent between them?

[@davidwilson2248]

Yes I am there uk agent. This causes me a problem. Is there anyway round it. Thank you for your reply

[@NishaMenonBusinessTalks]

@@davidwilson2248 Pls drop me an email to [e-mail].

[@davidwilson2248]

Sent you a email

[@tailoredspice9992]

Hello, your videos are very useful. I wanted to check if you could share more details about how to get Certificate of inspection for organic products? Also, I wanted to check what if we have a mixture of products example curry masala that has - Cinnamon, cloves, black pepper & cardamon. Does it go by weight for each product and % calculation of VAT and Duty or Does it fall into other categories I tried checking got the below result not sure if that is correct. Section IV: Prepared foodstuffs; beverages, spirits and vinegar; tobacco and manufactured tobacco substitutes Preparations of vegetables, fruit, nuts or other parts of plants Vegetables, fruit, nuts and other edible parts of plants, prepared or preserved by vinegar or acetic acid

[@NishaMenonBusinessTalks]

I would also recommend you join our FB group UK Importers Hub

[@chidinduanducheamaechi.9665]

Good information

[@NishaMenonBusinessTalks]

Thanks a lot!

[@GurdeepSingh-ev6mz]

Hi nisha My cousin is sending my iphone from Australia to london as gift . How much i need to pay for custom duty ? I have searched uk website it says 2.75% for goods between 39 to 650 pounds so it will be atound 15 pounds? Am confused

[@NishaMenonBusinessTalks]

Hi Gurdeep, Yes for anything above £39, you need to pay VAT and above £135 you need to pay Customs duty. For exact amount you will have to speak with the courier company

[@GurdeepSingh-ev6mz]

@@NishaMenonBusinessTalks thankyou nisha. Have a great day

[@AbbasAbbas-zs8fs]

Could you please let me know how which rate for Google App Scripts imported from India to the UK?

[@ydexpert131]

Nishaji how can Indian Manufacturer get GSP? I mean whats the process?

[@NishaMenonBusinessTalks]

Regarding GSP in India, I am not an expert. You would have to speak someone in India

[@vocalstar4008]

hi Nisha how to download the softwhere and use please do any video if you can respect

[@NishaMenonBusinessTalks]

Hello You do not need to download anything. It's a government website where you can go and search for your products

[@ashuramohammed9436]

Where you will get gcp certificate?

[@NishaMenonBusinessTalks]

Do you mean GSP certificate? It will be arranged by the supplier in India. Now there is no separate certificate. They just declare the origin of goods on the invoice

[@mdjaman7348]

how to pay duty fees . can i use paypal ?? can you give me link.

[@NishaMenonBusinessTalks]

Hello You will be contacted by the courier company showing the different ways in which you can pay the duty. If you have a deferment account, then you can pay once a month by direct debit

[@makeupbypathy7902]

Someone send me a package from UK and now I have to pay $1000, but how can I make sure is this company secure ?

[@NishaMenonBusinessTalks]

Hi Did you place an order with them? Is that why they sent you the package? Y ou will have to do your research about the company

[@londongroceries1031]

Is very important for business thank you very much Do u have good accountants no please I need for my business ?

[@NishaMenonBusinessTalks]

Pls drop me an email to [e-mail]. I will introduce you

[@ashuramohammed9436]

Seems like a lot of jobs, can i use an agent to handle the cargo for me.

[@NishaMenonBusinessTalks]

Yes Ashura. You can join our FB group UK Importers Hub where you can interact with similar Importers and Freight forwarders

[@user-dreamyjc..]

@@NishaMenonBusinessTalks Mam I want to import products from UK and USA to India. I have GST and IEC code, should I also apply for VAT for doing import with european countries.

[@NishaMenonBusinessTalks]

@@user-dreamyjc.. You will have to check with your freight forwarding agent regarding this pls

[@vasugowdvasu87]

Coffee beans export business plan