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 Serbia 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.
- Along with Import dutyA tax charged on certain goods which are brought into a coun..., import goods are also subjected to Sales TaxKnown as VAT (Value Added Tax) in the UK. A tax based on the... and Excise duty.
Below is the Duty and Sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... for Serbia :
| Duty Rates | Average Duty Rate | Sales Tax(GST) | Threshold on goods |
|---|---|---|---|
| 9% to 30% | 9.4% | ST=20% VAT = ST * (CIF + Duty+ other taxes) |
No threshold |
NOTE
- Sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... is applied on the sum of the CIF value, duty and excise duty.
- As there are no threshold all imports and taxes are payable irrespective of import value.
Extra taxes and customs fees while importing
Products on which excise duty is applicable
- Oil derivatives
- Tobacco products
- Alcoholic beverages
- Coffee (green, roasted, ground, and coffee extracts)
Excise duty in Serbia is specific (for oil derivatives, alcoholic beverages, cigars, cigarillos, and coffee), ad valorem (for pipe tobacco), and combined (specific + ad valorem on retail priceThe amount of money required to purchase something or to bri... for cigarettes).
Please find the detailed information of extra taxes here.