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I think that is what is being said. Basically if buy $5000 worth of parts and you get the supplier to value them at $600 you only pay the $600 worth of duty on them, but if somthing happened to the parts the you'd only be covered up to $600.
That's what I thought! I personally do not take chances on high dollar parts but can understand the reasons for understating the value of packages entering the UK.
Recently sent some parts to Britain. I purchased insurance for those parts at what I thought the value was for the sake if they were to get mashed up or gone missing. Part of buying insurance is the need for a stated value and that's where the receiving end gets shafted by duties
It's a game of chance I personally will not take. Not everyone packages items like they'd like them to be received.
Yep, and some deliveries dont get pulled up on the duty, its the luck of the draw. I've just had an email from a customer from over the w/end - he'd bought some v expensive HRE wheels from us, we'd got them shipped directly from our US HQ just over a week ago(aheamm, valued slightly lower that what they're worth) but he didnt have to pay a thing to the courier.
The price they quote is the price you'll pay them inc shipping, when its actually delivered to you though, you may (or may not if you're lucky) have to pay the courier the VAT,customs fee etc..
This is only applicable on the shipping cost and what the goods are "valued" at on the ticket tho, if its £3500.00 worth of parts and they're "valued" at say $500.00 (approx £315.00) you'll only have to pay the 15% VAT on that £315.00 amount (plus a few other minor customs fee and an £8.00 handling charge). BUT, if the parts get damaged in transit, they'll only be insured up to the value of £315.00. The chances are if this will not happen tho if they are wrapped and boxed securely.
Do make it clear to the supplier (034 in this case) what you would like the goods "valued" at though, trust me, suppliers in the US are used to doing this..
You may even be lucky and they'll just get delivered without having to pay a penny.
This is a good idea, of course i don't condone swindling money from our government
The only worrying thing is if it's a tolal loss, ie missing in the post. The chances of the parts i'll be ordering being damaged by the courier will be unlikely, the only thing i could see being damaged if not packed properly is the HG, but the valued price would cover that.
How did you get around import duties and still get the value of your purchase covered through postage?
I think that is what is being said. Basically if buy $5000 worth of parts and you get the supplier to value them at $600 you only pay the $600 worth of duty on them, but if somthing happened to the parts the you'd only be covered up to $600.
The price they quote is the price you'll pay them inc shipping, when its actually delivered to you though, you may (or may not if you're lucky) have to pay the courier the VAT,customs fee etc..
This is only applicable on the shipping cost and what the goods are "valued" at on the ticket tho, if its £3500.00 worth of parts and they're "valued" at say $500.00 (approx £315.00) you'll only have to pay the 15% VAT on that £315.00 amount (plus a few other minor customs fee and an £8.00 handling charge). BUT, if the parts get damaged in transit, they'll only be insured up to the value of £315.00. The chances are if this will not happen tho if they are wrapped and boxed securely.
Do make it clear to the supplier (034 in this case) what you would like the goods "valued" at though, trust me, suppliers in the US are used to doing this..
You may even be lucky and they'll just get delivered without having to pay a penny.
Second that, my order came to about £6-700 including shipping, and no import duty to pay. Try and get it shipped to your work address, seems to help, I had to pay duty once on my toolbox I had shipped back from Switzerland to my home address, even though it was mine and had originally come from home....
Never had to pay import duty on anything ive had shipped overseas to a work address, its worth a shot.
Kieron.
Good point, not realy possible for me as i don't work out of my works address and don't really know that many folk in there that i could ask. Saying that could see one of my mates. Plus it would be easyer for me not having to wait in the house for it to be delivered.
I ordered direct from them, no problems atall, delivered with in about 10 days and no import duty
Second that, my order came to about £6-700 including shipping, and no import duty to pay. Try and get it shipped to your work address, seems to help, I had to pay duty once on my toolbox I had shipped back from Switzerland to my home address, even though it was mine and had originally come from home....
Never had to pay import duty on anything ive had shipped overseas to a work address, its worth a shot.
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