Tuesday, June 5, 2012

If You Do Not Want To Waste Too Much Money You Have To Know Custom Fee Exemption And Custom Fee Drawback

Traveling abroad, duty free and tax free are two catch-words. However, not everybody is clear about the some details of it. In addition, these details always play a huge role. You would not waste too much money only when you figure them out thoroughly.

In many people's impression, the duty-free goods mean the "naked price", and except the price of the product itself is not be charged for any taxes. However, it is a actual fact that for products, there are many taxes in them. They are usually import tariffs, excise taxes, valued-added taxes and so on. In some countries and regions, commodities will also include the cost of local construction or welfare.

For free items, only the import tariff part will be canceled in usual time. This part's tax mostly is ranges from twenty percent to one hundred percent. Other kinds of taxes can not be removed from duty-free goods. In contrast, the tax free merchandises can not be completely excluded tax, but only returns the consumption tax and VAT that are included in goods. As a result, combining these two will be a perfect ending.

Of course, it is our freedom to choose tax exemption and tax refund or not. First of all, the taxes that these two kinds exempt or returned are completely different. The tariff in import part is discharged from tax exemption. While the consumption tax and the value-added tax is going to be returned by tax refund. There often will be low tax rate in this part, which will mainly range from five percent to twenty percent. It will be quite easy for us to separate duty free shops and tax free shops from names of shops.

However, there is a word of caution that you can not only refund your tax in tax free stores where you purchased your goods. In many countries, there is tax rebate policy for foreign tourists, and there is no exception even in the duty free shops. Therefore, it will be good for you to put a bug in clearly verifying to the merchant when shopping. In particular, your tax can be refunded in a few souvenir shops and specialty shops in local areas.

Tax free polices are various in different countries. Not all commodities are able to be literally refund taxes, and there is a regulation named "possibility to feast the minimum amount of tax free" in numerous countries. For example, Australia regulates that if visitors buy goods worth more than $ 300 within 30 days from the same store before their departure, it will able for them to apply for tax free. But 175 Euros is the minimum amount that French will give you as tax free.

However, you can not apply for tax free only if in the same day and same store you can can spend over this limitation, after all ,there are detailed demand of this limit. So certain skills are required if you want to succeed in tax refunding. First of all, your are in need of planning your desire goods, and try to choose in the same store as necessary as possible. It would be best for you to buy with your companions if there are, for you can not only make excess consumption, but also can enjoy the low price with others.

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