Understanding Duties and Taxes

When purchasing products from us, please be aware that import duties, taxes, and other charges such as value-added tax (VAT) may apply based on your location. These fees are determined by your local customs agency at the time of shipment processing, and it is your responsibility to check the import policies in your country or area to understand any potential liabilities.

For customers in the European Union, new VAT regulations effective July 1, 2021, require us to provide an Import One-Stop Shop (IOSS) number for orders shipped from non-EU countries. This ensures compliance with the updated e-commerce sales rules across the 27 EU member states, including Austria, France, Germany, and Spain, among others.

Please note that any applicable duties and taxes are not included in the purchase price and must be paid directly to your government or designated courier upon delivery. We are not liable for any delays in shipping or customs clearance, as these factors are beyond our control.

What are Duties?

Duties are taxes imposed by governments on the import and export of goods. They serve as a way to control trade policies and regulate foreign products entering the market. When goods are bought from abroad, import duties apply. For example, purchasing electronics from another country may incur additional costs due to these duties, impacting the overall price paid by consumers. Understanding these costs is crucial for both businesses and individuals engaged in international trade.

The Role of Duties in Trade

Duties play a significant role in shaping trade dynamics. Governments impose them to protect domestic industries from foreign competition, but this can also lead to higher prices for consumers. However, duties encourage local production because they increase the cost of imported goods. So, while they can support local businesses, they may also limit options for consumers. It's important for businesses to navigate these challenges effectively to remain competitive.

Compliance and Payment of Duties

When goods cross international borders, compliance with duties regulations is essential to avoid penalties. Importers must correctly declare the value of their goods and pay the associated duties on time. Because improper declaration can lead to legal consequences, businesses need to understand their obligations thoroughly. Therefore, staying informed about changing regulations can help companies manage costs and ensure smooth operations in international trade.