The customs calculator is a tool that facilitates the calculation of taxes, commissions or additional costs related to the import or export of goods into the country. This tool is invaluable for international marketing, customs duties, import and export, shipping and other cost estimates. Estimates are determined based on several factors, such as the country of origin of the goods, the quantity and volume of goods imported and exported. At the same time, the problems related to the transfer of each goods are also taken into account. Everyone can calculate the customs duty by entering the necessary information through the customs calculator.
Making calculations during the transfer of vehicles with a customs calculator
One of the most sought-after issues related to the clearance of goods through customs is the clearance of vehicles. Individuals enter the following information into the calculator to find out the duty when passing vehicles through customs:
- Type of vehicle
- Engine type
- Invoice value
- Transportation cost
- engine capacity
- other expenses
- Date of production
Regarding the country of origin of the transport or the country that sends it, the appropriate option is marked if the vehicle is manufactured and brought from a country with a free trade agreement. Otherwise, "other country" is selected.
Based on these data added to the customs calculator, the following are calculated and recorded in the window of the person who calculates the costs:
- Import customs duty
- VAT
- Customs collections
- Excise tax
- Passport fee
- Electronic customs service fee
- VAT on electronic customs service
- Disposal fee
Calculation of customs costs of other goods using the customs calculator
When transferring other goods across the border, the following information must be filled in:
- XIF MN code of the goods
- Procedure (import or export)
- The name of the product
- Invoice value
- Transportation cost
- other expenses
- Privilege
After filling in this information, the calculated payments are listed in the window that appears:
- Import customs duty
- VAT
- Excise duty
- Customs collections
- Passport fee
- Electronic customs service fee
- VAT on electronic customs service
Benefits of customs calculator tools for businesses
Cost estimation. Using a customs duty calculator is especially important for businesses with import and export activities. Because the use of this calculator allows you to determine the costs you will face in advance. This is an important factor in managing financial planning for businesses.
Facilitation of international trade. The customs calculator allows businesses to establish international trade relations to calculate the benefits they will receive from these relations and is useful for budget planning. It leads to the creation of trade relations with different countries of the world and the expansion of existing relations of businesses that have determined by calculations that it is a profitable business.
Better customer service. The customs calculator enables businesses to better serve their customers. Thus, it is important that customs and other financial calculations can be calculated in advance in order to make the right price offer to customers.
Considering these, we can say that customs calculator It is the most powerful tool in the implementation of the mixed visible financial calculation in import and export processes.
As a Macis Consulting company, we provide a number of services to business owners who want to operate both as an individual entrepreneur and as a legal entity. Our company has been providing its business partners with both forms of business creation, accounting services, audit and legal process services for years. Contact us get all the accounting, financial and legal services your business needs.
