Duty & TaxesEuropean Union
VAT
Also known as: Value Added Tax, Import VAT
European Value Added Tax charged on imports. Rates vary by EU member state, typically 17-27%.
Cost Category
VAT is classified as a Duty & Taxes charge in landed cost calculations.
Duty and tax charges are government-imposed fees on imported goods, including tariffs, VAT, and GST.
Landed Cost Impact
This charge is typically allocated across your products when calculating landed cost per unit.
- Adds to your true product cost
- Should be factored into pricing
- Impacts your profit margins
Related Keywords
vatvalue added
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