Magicstor 2.2GB Microdrives

Discussion in 'UK Photography' started by Tony B, Dec 13, 2003.

  1. Tony B

    Tony B Guest

    Has anyone any experience of these things? I am thinking of getting one off
    e-bay (see item 2970160953 on shipped from Hong Kong, to go with
    my spiffing new Canon S50 :) Although the sellers talk of kidding HMC&E I
    will assume I will be charged duty but how much would that be? Simply 17.5%
    VAT? Or is there extra import duty???

    All advice gratefully recived.

    Tony B
    Tony B, Dec 13, 2003
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  2. Tony B

    Simon Smith Guest

    I have not used this particular seller but I have bought several items from
    "Digital-Rev" on eBay who also ships from HK. I have yet to be charged any
    If you do get charged then it is I believe 5% duty and then VATon the total.
    Whether the duty/VAT is charged on the value declated on the customs form on
    on the UK RRP I don't know but I would guess that it is the declared amount.

    Simon Smith, Dec 13, 2003
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  3. Tony B

    T P Guest

    You've made the common, but serious mistake of omitting to mention
    customs clearance charges. These are typically in the range £7 - £25.

    Duty is normally levied on the sterling equivalent of the declared
    purchase price plus shipping cost. Duty varies from 3.5% on photo
    gear to much higher figures on some electronic components (log onto
    the Customs and Excise web site for more information).

    Then the customs clearance fee is added and VAT is levied on the total
    of purchase price, shipping cost, custom clearance fee and import duty
    .... yes, you have to pay 17.5% VAT on the import duty (= tax on tax!).

    As an example, last week I received some used auto parts from the USA
    for $60. Shipping cost $42. Total cost $102 which is about £61. I
    paid a total of £31.53 duty, customs clearance fee and VAT on this
    purchase, resulting in an additional cost over the purchase price and
    shipping of more than 50%.

    Customs clearance fee (Parcelforce) was £13.50. This time last year,
    Parcelforce charged me only £3.50 for clearance of a similar package.
    I can see now why the Royal Mail Group has managed to cut its losses
    so quickly and by so much in the last 12 months.

    T P, Dec 13, 2003
  4. don't worry about duty - these guys know what to do....
    Betty Swallocks, Dec 19, 2003
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