For businesses and individuals engaged in international**, mastering the threshold of customs clearance tariffs in different countries is the key to cost budgeting and strategic planning. The tariff threshold is the threshold at which customs duties need to be paid to the country when the value of imported goods reaches a certain amount. This amount varies from country to country and is subject to change as policies adjust.
This article provides an overview of customs clearance duty thresholds in different regions to help you better understand and respond to international tax issues so you can conduct your global** more effectively.
North America: 1United States: The tariff threshold is $800.
2.Canada: The duty threshold is $20.
Europe: 1EU Member States: The VAT threshold of €22 has been lifted since 1 July 2021 in accordance with new EU regulations. As a result, goods imported into EU member states are subject to customs duties, VAT, and customs clearance fees.
2.United Kingdom: The United Kingdom has eliminated the VAT minimum, so imported goods are subject to customs duties and VAT.
3.Iceland: The tariff threshold is ISK 2,000.
4.Norway: The duty threshold is NOK 350.
5.Russia: The tariff threshold is 10,000 rubles.
Asia: 1Japan: The tariff threshold is 10,000 yen.
2.South Korea: The tariff threshold is less than $150.
3.Malaysia: The duty threshold is MYR 500.
4.Singapore: The duty threshold is less than S$400.
5.Thailand: The tariff threshold is 1,500 baht.
6.Vietnam: The tariff threshold is VND 1,000,000.
7.Philippines: The tariff threshold is PHP10,000.
8.India: The duty threshold is INR 250.
9.United Arab Emirates: The tariff threshold is $270.
Oceania: 1New Zealand: The duty threshold is NZ$1,000.
2.Australia: The tariff threshold is less than $1,000.
Latin America: 1Mexico: The tariff threshold is $50.
2.Brazil: The tariff threshold is $50.
3.Argentina: The tariff threshold is $50.
4.Chile: The duty threshold is $30 (postal shipping only).
Africa: South Africa: The tariff threshold is South African R500.
Please note that the above information is subject to change as national policies adjust. Therefore, merchants and individuals should pay close attention to the latest regulations in the destination country when conducting international** to ensure smooth customs clearance and avoid unnecessary fines.