Product
Trade & Customs
1 company, 1,000 trade files/year; HS code library, landed cost and document consistency included
- 10 full users
- 1 sites
- 4 modules
Free tool
Duty + VAT Calculator
Calculate customs duty and import VAT together from the customs value, and see the deductible VAT separately. No sign-up needed; results update as you type.
See the system that does this automaticallyOpen the live demoDuty + VAT Calculator: worked example
Example values: Customs value (CIF) 53,500 USD, Customs duty rate 8 %, Import VAT rate 20 %. With these values the results are:
| Customs duty | 4,280 USD |
|---|---|
| Import VAT | 11,556 USD |
| Total payable | 15,836 USD |
| Cost component (if VAT is deductible) | 4,280 USD |
How to use: Duty + VAT Calculator
- Enter your own values: Customs value (CIF), Customs duty rate, Import VAT rate.
- Choose the currency; money inputs are converted at an approximate rate.
- Results are calculated as you type: Customs duty, Import VAT, Total payable, Cost component (if VAT is deductible).
- Check every step of the calculation in the formulas below.
How is it calculated?
- Customs duty = [Customs value (CIF)] × [Customs duty rate] ÷ 100
- Import VAT = ([Customs value (CIF)] + [Customs duty]) × [Import VAT rate] ÷ 100
- Total payable = [Customs duty] + [Import VAT]
- Cost component (if VAT is deductible) = [Customs duty]
Duty rates vary by country, origin and trade agreements. Verify current rates in the official customs tariff or with your customs broker; the tool calculates with the rates you enter.
Other tools running on Trade Cost Engine
Combines goods value, freight, insurance, customs duty, VAT and local charges into one cost chain and derives unit cost and profitability.
FCRSOFT
FCRSOFT does this for you automatically
You don’t need to do the calculations and checks on this page by hand every day. FCRSOFT derives them all automatically from the records entered in the field.
- HS codes and tax rates are stored on product cards.
- Duties and VAT are calculated automatically in every import file.
- Customs declarations and charges are linked to the file.
Frequently asked questions
How is Duty + VAT Calculator calculated?
Calculate customs duty and import VAT together from the customs value, and see the deductible VAT separately. The calculation uses Trade Cost Engine: Combines goods value, freight, insurance, customs duty, VAT and local charges into one cost chain and derives unit cost and profitability.
How is Total payable found?
Total payable = [Customs duty] + [Import VAT]. With the example values (Customs value (CIF) 53,500 USD, Customs duty rate 8 %, Import VAT rate 20 %) the result is 15,836 USD.
Worked example: Duty + VAT Calculator
Example values: Customs value (CIF) 53,500 USD, Customs duty rate 8 %, Import VAT rate 20 %. Customs duty: 4,280 USD; Import VAT: 11,556 USD; Total payable: 15,836 USD; Cost component (if VAT is deductible): 4,280 USD.
Is Duty + VAT Calculator free?
Yes. The tool is free, needs no sign-up and runs in your browser; the data you enter is not stored.
Can FCRSOFT do this calculation automatically?
FCRSOFT runs this calculation in every import and export file automatically and records landed cost and minimum selling price. You can try the Trade & Customs package in the live demo without installing anything.
Where do I find duty rates?
Duty rates vary by country, origin and trade agreements. Verify current rates in the official customs tariff or with your customs broker; the tool calculates with the rates you enter.
Which currency can I calculate in?
Choose one of 28 currencies in the currency selector; monetary inputs are converted at an approximate rate. To use your own rate, enter the amounts directly.
FCRSOFT solutions
All inclusive
Enterprise Site — all products
Farm · Hatchery · Feed ERP · Processing · WMS & Supply · Sales & CRM · Finance · Maintenance · Trace & Cold Chain · B2B Commerce · Fleet & Vessel · Voyage & Chartering · Trade & Customs · Freight & Container
- 30 full users
- 1 sites
- 69 modules
