The Wholesale Forums

[greedyboy]

Originally Posted by D M

Give us a better breakdown. Looks like you paid 40% duty?

Breakdown 2 posts above

[D M]

I mean duty rate, currency rate, VAT adjustment etc...

Cause something don't add up.

[DSC]

The currency rate it published by HMRC every month, there is something off with it though as you haven't been charged 17.5% VAT.

[wardenc1ty]

ok have dug the paperwork out and this is as follows



Value build up charge
currency amount exchange rate

Freight charges GBP 34.00 1.000000000

insurance 0.00 0.000000000

VAT value adjustment GBP 7.19 1.000000000

Invoice total USD 49.95 1.992900000




tax type
111 15.94 total
813 14.38 total


customs value 59.06
VAT value 82.19
licence value 66.25


entry revenue totals
total deferred revenue 30.32
total revenue payable 30.32










the freight charges at the top are in GBP(34.00)but i payed the website $34.95 USD

[wardenc1ty]

SO i payed $49.95 for the sweatshirt and $34.95 for shipping totalling $84.90
my visa debit card was charged £42.50 after the exchange rate,so i have payed the website,the problem is with fedex I think.Any ideas?

[D M]

Looks like they got shipping currency mixed up.

Should be:

Freight charges USD 34.00 1.992900000

[D M]

Seems high duty rate. What TARIC code is it?

[greedyboy]

You shouldn't have paid the freight. Common invoicing mistake by couriers.

[mister]

could Someone Tell Me On A Misdeclaration, Is A Penalty Given On The Amount Of Goods Undeclared Or Even On The Goods That Have Been Declared?

[greedyboy]

It is fraud and you go to prison for evasion.