- As of July 1, 2021, shipments will be subject to a 21% VAT surcharge (€10.50) and a customs clearance fee of between €5 and €15.(VAT rates and customs duties vary according to the country of destination). Consequently, the customer will pay between €65.50 and €75.50.
- If you are an IOSS supplier, the same necklace will not be subject to the customs clearance fee.This means that you will only pay the VAT surcharge. This will save your customer between €5 and €15.
IOSS saves you and your customers headaches by offering standardized and simplified VAT solutions.
CBIT has it covered for you. With simple onboarding and flat, simple shipping rates, it will be a breeze to calculate duties, collect them, even pay them for you. Plus CBIT offers simple DDP for these solutions for an excellent hassle-free customer experience.
Sign up with Crossborderit and ship hassle-free.