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
Tariff Calculator
Compare duty payable under ad valorem, specific and compound (higher or lower of) tariff types. No sign-up needed; results update as you type.
See the system that does this automaticallyOpen the live demoTariff Calculator: worked example
Example values: Customs value (CIF) 53,500 USD, Net weight 10,000 kg, Ad valorem rate 8 %, Specific duty (per kg) 0.35 USD/kg, Tariff type Compound: whichever is higher. With these values the results are:
| Ad valorem | 4,280 USD |
|---|---|
| Specific | 3,500 USD |
| Customs duty payable | 4,280 USD |
| Effective rate | 8.0 % |
How to use: Tariff Calculator
- Enter your own values: Customs value (CIF), Net weight, Ad valorem rate, Specific duty (per kg), Tariff type.
- Choose the currency; money inputs are converted at an approximate rate.
- Results are calculated as you type: Ad valorem, Specific, Customs duty payable, Effective rate.
- Check every step of the calculation in the formulas below.
How is it calculated?
- Ad valorem = [Customs value (CIF)] × [Ad valorem rate] ÷ 100
- Specific = [Net weight] × [Specific duty (per kg)]
- Customs duty payable = if([Tariff type] = 0; [Ad valorem]; if([Tariff type] = 1; [Specific]; if([Tariff type] = 2; [Ad valorem] + [Specific]; if([Tariff type] = 3; max([Ad valorem]; [Specific]); min([Ad valorem]; [Specific])))))
- Effective rate = [Customs duty payable] ÷ [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 Tariff Calculator calculated?
Compare duty payable under ad valorem, specific and compound (higher or lower of) tariff types. 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 Customs duty payable found?
Customs duty payable = if([Tariff type] = 0; [Ad valorem]; if([Tariff type] = 1; [Specific]; if([Tariff type] = 2; [Ad valorem] + [Specific]; if([Tariff type] = 3; max([Ad valorem]; [Specific]); min([Ad valorem]; [Specific]))))). With the example values (Customs value (CIF) 53,500 USD, Net weight 10,000 kg, Ad valorem rate 8 %, Specific duty (per kg) 0.35 USD/kg, Tariff type Compound: whichever is higher) the result is 4,280 USD.
Worked example: Tariff Calculator
Example values: Customs value (CIF) 53,500 USD, Net weight 10,000 kg, Ad valorem rate 8 %, Specific duty (per kg) 0.35 USD/kg, Tariff type Compound: whichever is higher. Ad valorem: 4,280 USD; Specific: 3,500 USD; Customs duty payable: 4,280 USD; Effective rate: 8.0 %.
Is Tariff 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
