Customs Duty Calculator 2.1
Paid Version
Publisher Description
This app is meant for Customs Brokers, Importers and their agents that are involved in buying and importing goods from other countries to their country and are sometimes baffled by the complexity of calculating import duties, import Value Added Tax(VAT),import Goods and Services Tax(GST), and import Sales Tax(ST). It is meant to simplify as much as possible these calculations.The results of the calculations are however estimates, as the final duties and taxes are determined by the Customs Organization in the importing country. The app is largely generic to accommodate as many countries as possible, though excellent for countries using the Cost,Insurance and Freight(CIF) basis for Customs Valuation.This applies for countries and regions like the UK, EU and a host of other countries.Importers, Brokers and Agents in other countries such as the USA, which uses the “Price Paid” or “Payable” for the goods,which most time is the Free on Board(FOB) value, as the basis of valuation, and does not collect import VAT,GST or ST, can still use the app by leaving out those fields blank or inputting zero.For example by setting the VATRate,Freight and Insurance to zero. The app for now does not calculate fees like automation fees or host of other fees that are encountered in international trade. The calculation of the VAT,GST or ST also uses the “cascading effect”(that is the import duty is added to the value to form the basis for the computation of the tax).Therefore importers,agents and brokers in countries that do not have this cascading effect in their calculation should NOT buy the app for now, as the duty would be correct but the tax would be higher than what applies. However most countries of the world like UK, EU members, Canada use the cascading effect. Finally it also presuppose that the importer, broker or agent has access to the import duty rates, VAT,GST or ST rates(got most times from the importing country External Tariff) and the foreign exchange rate of the country of import to get the calculation in the local currency.They should ensure that the region is set to their home country on their phones or iPads to get the local currency symbol.Of course the main document to get the prices and quantities is the invoice or bill of sale.
Jan 22, 2017 Version 2.1 - Open an email communication between us the our users - Ask for suggestion on how to adapt the app to different users in different countries
About Customs Duty Calculator
Customs Duty Calculator is a paid app for iOS published in the Office Suites & Tools list of apps, part of Business.
The company that develops Customs Duty Calculator is Mohamed Bamba. The latest version released by its developer is 2.1. This app was rated by 6 users of our site and has an average rating of 3.0.
To install Customs Duty Calculator on your iOS device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2017-01-22 and was downloaded 284 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Customs Duty Calculator as malware if the download link is broken.
How to install Customs Duty Calculator on your iOS device:
- Click on the Continue To App button on our website. This will redirect you to the App Store.
- Once the Customs Duty Calculator is shown in the iTunes listing of your iOS device, you can start its download and installation. Tap on the GET button to the right of the app to start downloading it.
- If you are not logged-in the iOS appstore app, you'll be prompted for your your Apple ID and/or password.
- After Customs Duty Calculator is downloaded, you'll see an INSTALL button to the right. Tap on it to start the actual installation of the iOS app.
- Once installation is finished you can tap on the OPEN button to start it. Its icon will also be added to your device home screen.
