Customs! How much did they ripped off your miner at your country?

[Oh My Rig!]

There is no custom duty for computer hardware in EU. You have to pay VAT if you import it from outside EU. VAT is different in different EU member states.

I believe the right code is 8471410090, but anyway, If you are in EU, you dont pay custom duty, but you pay VAT (17-27%, depending where you live).

Here people seem to speak about custom duty/tax when it is in fact VAT.

Well then you should be pretty sure you paid it ready while purchasing EU-assembled miners with the chinese parts;-)... So there is actual question inspite of how it is named - how much do they overpay for their miners to the gov. Looks like when you pay VAT you paying for your miner twice as the company assembling your hardware ready paid same VAT for the parts that they ordered from China right? Or maybe i misunderstanding EU customs law - please correct if so.

[Oh My Rig!]

Who are you referring to as "they"?  I see it as the country causing these crazy fee's as it's their law's/import taxes.     

I know some view companies as but guy for not shipping lower.  Just curious if this is pointed twords the companies or countries as the "they"?

Well when i talking "they" i mean all involved sides of that exciting (for everyone except miners) tax games . Sure everyone want to know how to pay less for their hardware, so everyone want to let "them" get LESS from your very own BTC-baking masterpiece. Whoever they be, govs, or companies who incorrectly doing paperwork, or deilvery guys who sometimes prefer to get what they not deserve to get.

[Oh My Rig!]

in indonesia, i must pay at least  10% sales tax, and 15%(CIFD) Income Tax.

OMG that's forking 25% in total! 1/4 times of mining time stretch, additional one difficulty update, more amortized cost etc... So pity.

[Oh My Rig!]

Value 3X S7 batch8 = 3696.74 USD delivery included

Value declared by bitmain = 3701,43 USD

$ 100 more? insurance???


Now wait for the Italian customs calling me to pay all taxes

Please keep updating about your situation, hope you'll get your hardware soon!

[Tupsu]

Value 3X S7 batch8 = 3696.74 USD delivery included

Value declared by bitmain = 3701,43 USD

$ 100 more? insurance???


Now wait for the Italian customs calling me to pay all taxes

   3701,43USD
-  3696,74USD
......................
            4 ,69 USD

How do you get 100 USD ?

[marvykkio]

Value 3X S7 batch8 = 3696.74 USD delivery included

Value declared by bitmain = 3701,43 USD

$ 100 more? insurance???


Now wait for the Italian customs calling me to pay all taxes

   3701,43USD
-  3696,74USD
......................
            4 ,69 USD

How do you get 100 USD ?

tapsu you're right, I did not do the calculation

[marvykkio]

cmq because the miners are not considered hardware? since it belongs to this category should not we pay them customs duty, it charges,

I only VAT

[marvykkio]

I checked the tracking, I am in transit in Dubai

when it arrives in Italy milan, I'm afraid to pick up the phone jajajajaj

[Matias]

cmq because the miners are not considered hardware? since it belongs to this category should not we pay them customs duty, it charges,

I only VAT

No custom duty, but you pay VAT, whis is in Italy 22%, if I remember correctly.

[Matias]

There is no custom duty for computer hardware in EU. You have to pay VAT if you import it from outside EU. VAT is different in different EU member states.

I believe the right code is 8471410090, but anyway, If you are in EU, you dont pay custom duty, but you pay VAT (17-27%, depending where you live).

Here people seem to speak about custom duty/tax when it is in fact VAT.

Well then you should be pretty sure you paid it ready while purchasing EU-assembled miners with the chinese parts;-)... So there is actual question inspite of how it is named - how much do they overpay for their miners to the gov. Looks like when you pay VAT you paying for your miner twice as the company assembling your hardware ready paid same VAT for the parts that they ordered from China right? Or maybe i misunderstanding EU customs law - please correct if so.

If I would import mining hardware parts from China to Finland with 1000 euros I would pay 24% VAT in Finland, so 240 euros. If I then later would assembly complete miner from those parts and sell it with 1100 euros, I would need to calculate 24% VAt from it, which is 264 euros. Retail price would be 1100 + 24% VAT 264 euros = 1364 euros.

But now comes important part: I can subtract already paid 240 from that 264, so actually I would pay more VAT only 24 euros. So we don't pay VAT more than once, because every company can subract from selling VAT that VAT, what they already have paid themselves.  

VAT is Value Added Tax. Because by assembling complete miner from parts I added value 100 euros, 24% is actually calculated from that 100 euros, i.e. 24 euros.

VAT is better system than sales tax systems which is used in many countries outside EU. In sales tax you can't subract taxes you have already paid yourself and that leads to the multiplying of tax in each step.

[goxed]

I paid ~USD160 (duties + facilitation fees) on the S7 B7 imported to Swiss.

[wh00per]

13% HST in Toronto + $15.00 CAD brokerage fee cheap

[Oh My Rig!]

I paid ~USD160 (duties + facilitation fees) on the S7 B7 imported to Swiss.

Thanks, but please, in percentage. How much did you paid for your Antminer - 1800 in USD equivalent? If so you now mostly champion with the lowest fees to the gov)) - less than 10%?

[morantis]

Is this an issue?  Technically it is a computer, is there a high import tax on computers?

[Oh My Rig!]

13% HST in Toronto + $15.00 CAD brokerage fee cheap

Yep agree - what miner do you have? Will you recommend to use brokerage in Canada or do it all yourself?

[Oh My Rig!]

There is no custom duty for computer hardware in EU. You have to pay VAT if you import it from outside EU. VAT is different in different EU member states.

I believe the right code is 8471410090, but anyway, If you are in EU, you dont pay custom duty, but you pay VAT (17-27%, depending where you live).

Here people seem to speak about custom duty/tax when it is in fact VAT.

Well then you should be pretty sure you paid it ready while purchasing EU-assembled miners with the chinese parts;-)... So there is actual question inspite of how it is named - how much do they overpay for their miners to the gov. Looks like when you pay VAT you paying for your miner twice as the company assembling your hardware ready paid same VAT for the parts that they ordered from China right? Or maybe i misunderstanding EU customs law - please correct if so.

If I would import mining hardware parts from China to Finland with 1000 euros I would pay 24% VAT in Finland, so 240 euros. If I then later would assembly complete miner from those parts and sell it with 1100 euros, I would need to calculate 24% VAt from it, which is 264 euros. Retail price would be 1100 + 24% VAT 264 euros = 1364 euros.

But now comes important part: I can subtract already paid 240 from that 264, so actually I would pay more VAT only 24 euros. So we don't pay VAT more than once, because every company can subract from selling VAT that VAT, what they already have paid themselves.  

VAT is Value Added Tax. Because by assembling complete miner from parts I added value 100 euros, 24% is actually calculated from that 100 euros, i.e. 24 euros.

VAT is better system than sales tax systems which is used in many countries outside EU. In sales tax you can't subract taxes you have already paid yourself and that leads to the multiplying of tax in each step.

So what will you recommend for all those who live in the contries with VAT taxation system? Order parts and then assemble it yourself? But how did you calculated completed miner price, i mean paperwork? Is there any way to change it how do you think?

[morantis]

Maybe not assemble it per se, but the miner I have has a base CPU board and I think ten boards in that board.  You could have them send a board in an envelope.  The biggest parts are the fan and the power supply, but you can get those anywhere cheap.  All you would be doing is plugging the parallel boards into the main board and attaching the fan/fans and power supply, plus dealing with a chassis.  It would be less than an hour work and anyone can do it.  While this is not ideal, you just paid yourself $40 an hour to build it.

[marvykkio]

Good morning,
with a shipment number with AWB, the amount of duties to be paid to the carrier 'of €
 
AWB 6497-9214-7502 IPFS N Y / N Stn CT
                                           
      --description ------------ Amt Euro

      Administrative rights 12.50

      duty 129.65

      VAT 810.07

      Revenue stamp 2.00
                                           
                                           
                                           
                TOTAL AMOUNT -> 954.22
 
 
 
This amount may 'be paid on delivery

[Tupsu]

Good morning,
with a shipment number with AWB, the amount of duties to be paid to the carrier 'of €
 
AWB 6497-9214-7502 IPFS N Y / N Stn CT
                                           
      --description ------------ Amt Euro

      Administrative rights 12.50

      duty 129.65

      VAT 810.07

      Revenue stamp 2.00
                                           
                                           
                                           
                TOTAL AMOUNT -> 954.22
  
This amount may 'be paid on delivery

You chosed a cheaper  carrier- FEDEX- But still you pay more, than with others.  UPS or DHL.

If you broker have declared with the correct code, it would not be necessary to pay 3.7% duty 129.65  Not even in Italy .
 

[marvykkio]

I know, in fact I want to call the customs code to make me say that they put