Customs Duties or A 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 Azores whether by a private individual or a commercial entity. Azores belongs to EU custom union, so it uses EU A government tax on imported and exported goods. structure.
The valuation method is CIF.
Below table provide the Duty and Known as VAT (Value Added Tax) in the UK. A tax based on the... for Azores:
|Duty Rates||Average Duty||Sales Tax(GST)||Threshold on goods|
|0% to 17%||7%||VAT=18%, VAT= VAT%(CIF + duty + excise)||Duty and VAT is not charged if FOB is less than €150 and €22, respectively.|
For alcohol and tobacco Excise Duty will be applicable