What are the charges on this invoice?
The charges on your invoice may include:
- Duties applied to products according to the Customs Tariff of the destination country.
- Value Added Tax (VAT) is a general consumption tax assessed on the value added to goods and services. In some countries, including Singapore, Australia, New Zealand and Canada, this tax is known as goods and services tax, or GST. VAT is typically assessed on the “duty paid value” of the goods which equals the cost of the goods, insurance and freight.
- Ancillary Service Fees are charged when additional processing is required by a regulatory agency or customs broker. We may apply and invoice for these fees which are subject to change.
- Customs Fees. A Merchandise Processing Fee (MPF) is assessed on all formal entries, with a few exceptions. Exceptions include goods that qualify for preferential treatment under certain trade agreements. The rate of assessment is 0.21%, (.0021) of the “entered” value on the Customs entry. The minimum assessment is $25.00 and the maximum assessment is $485.00. SCD includes MPF by absorbing it into our all-in-one price!