Customs Duties or Import dutyA tax charged on certain goods which are brought into a coun... and taxes will be pending and need to be cleared while importing goods into Peru Either by a private individual or a commercial entity.
The valuation method is CIF.
- The import dutyA tax charged on certain goods which are brought into a coun... and taxes payable are calculated on the complete shipping value, which includes the cost of the imported goods, the cost of freight and the cost of insurance. In addition to duty, imports are subjected to GST sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the..., and in some cases to excise duty.
- Along with Import dutyA tax charged on certain goods which are brought into a coun..., import goods are also subjected to additional fee, excise, municipal taxA fee imposed by a government on personal or corporate incom..., and tariffA government tax on imported and exported goods. surcharge.
Below is the Duty and Sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... for Peru :
| Duty Rates | Average Duty Rate | Sales Tax(GST) | Threshold on goods |
|---|---|---|---|
| 0% to 11% | 5.78% | ST=16% VAT = ST * (CIF + Duty+ other taxes) |
No Duty and taxes if FOB value is upto US$200(by courierA person who carries and delivers messages, documents, packa...) |
Extra taxes and customs fees while importing:
| Type of TaxA fee imposed by a government on personal or corporate incom... | Products | Rates |
|---|---|---|
| Additional fee | Some products | 0% to 5% |
| Excise Duty | Some products | 0% to 50% |
| TariffA government tax on imported and exported goods. surcharge | Some products | Varying range |
| Municipal TaxA fee imposed by a government on personal or corporate incom... | All | 0% to 2% |
Please find the lists and detailed information about other taxes here.
NOTE:
- Excise taxA fee imposed by a government on personal or corporate incom... rates, and the manner on which the taxA fee imposed by a government on personal or corporate incom... is applied, depend on the type of goods or services.
- Some goods like books and electronic products like laptops are imported free of duty.
- Different thresholds apply to postal imports.
- Additional fee and Excise are applied on the sum of CIF value and duty while TariffA government tax on imported and exported goods. surcharge includes excise duty and Municipal taxA fee imposed by a government on personal or corporate incom... includes TariffA government tax on imported and exported goods. surcharge as well.