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
HS Code Tax Calculator
Calculate all taxes payable with the code’s customs duty, additional duty, anti-dumping, excise and VAT rates. No sign-up needed; results update as you type.
See the system that does this automaticallyOpen the live demoHS Code Tax Calculator: worked example
Example values: Customs value (CIF) 53,500 USD, Customs duty rate 8 %, Additional customs duty rate 0 %, Anti-dumping / countervailing (per kg) 0 USD/kg, Net weight 10,000 kg, Excise tax rate 0 %, Import VAT rate 20 %. With these values the results are:
| Customs + additional duty | 4,280 USD |
|---|---|
| Anti-dumping | 0.00 USD |
| Excise tax | 0.00 USD |
| VAT | 11,556 USD |
| Total taxes | 15,836 USD |
| Effective tax rate | 29.6 % |
How to use: HS Code Tax Calculator
- Enter your own values: Customs value (CIF), Customs duty rate, Additional customs duty rate, Anti-dumping / countervailing (per kg), Net weight, Excise tax rate, Import VAT rate.
- Choose the currency; money inputs are converted at an approximate rate.
- Results are calculated as you type: Customs + additional duty, Anti-dumping, Excise tax, VAT.
- Check every step of the calculation in the formulas below.
How is it calculated?
- Customs + additional duty = [Customs value (CIF)] × [Customs duty rate] ÷ 100 + [Customs value (CIF)] × [Additional customs duty rate] ÷ 100
- Anti-dumping = [Anti-dumping / countervailing (per kg)] × [Net weight]
- Excise tax = ([Customs value (CIF)] + [Customs + additional duty] + [Anti-dumping]) × [Excise tax rate] ÷ 100
- VAT = ([Customs value (CIF)] + [Customs + additional duty] + [Anti-dumping] + [Excise tax]) × [Import VAT rate] ÷ 100
- Total taxes = [Customs + additional duty] + [Anti-dumping] + [Excise tax] + [VAT]
- Effective tax rate = [Total taxes] ÷ [Customs value (CIF)] × 100
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 HS Code Tax Calculator calculated?
Calculate all taxes payable with the code’s customs duty, additional duty, anti-dumping, excise and VAT rates. 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 taxes found?
Total taxes = [Customs + additional duty] + [Anti-dumping] + [Excise tax] + [VAT]. With the example values (Customs value (CIF) 53,500 USD, Customs duty rate 8 %, Additional customs duty rate 0 %, Anti-dumping / countervailing (per kg) 0 USD/kg, Net weight 10,000 kg, Excise tax rate 0 %) the result is 15,836 USD.
Worked example: HS Code Tax Calculator
Example values: Customs value (CIF) 53,500 USD, Customs duty rate 8 %, Additional customs duty rate 0 %, Anti-dumping / countervailing (per kg) 0 USD/kg, Net weight 10,000 kg, Excise tax rate 0 %. Customs + additional duty: 4,280 USD; Anti-dumping: 0.00 USD; Excise tax: 0.00 USD; VAT: 11,556 USD; Total taxes: 15,836 USD.
Is HS Code Tax 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
