26 July 2012

On numerous occasions people forget that when importing goods to the EU, there are local VAT and Customs Taxes (Customs Duty and Excise Duty) added to the cost of the customs procedure. Typically there are no extra costs when exporting, but it seems that people are forgetting that the case is different when importing. The biggest imports to Europe are from the United States, Russia and China and each EU member country has specific rules and costs for goods imported from these countries. Each cargo group has unique tariffs. […]

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