Import duty calculator
Enter the supplier’s price, the exchange rate, freight and the tax rates your clearing agent gave you. You get the landed cost of each piece, the steps in the order this calculator works them out, and the price that gives you your margin.
Questions
In what order are duty and taxes worked out?
This calculator starts from the goods plus freight plus insurance, plus the landing charges you set (1% unless you change it), in rupees. It works out customs duty and additional customs duty on that value, sales tax on the value plus those duties, and income tax at import on the value plus duties plus sales tax. Clearing and delivery are your own costs, added at the end. This is our assumed order, not a statement of the rules, so confirm the current rules with your clearing agent.
Which rates should I enter?
Rates depend on the HS code of your product, and they can change with the budget and with FBR notifications, so check the current ones with your clearing agent. The numbers in the boxes are examples, not the rates that apply to you. You can also look up the HS code in the customs tariff, then type the rates you confirm.
Which exchange rate does customs use?
The rate used for duty may not be the bank or open market rate, and it can change from day to day. Ask your clearing agent which rate applies to your shipment and enter that. If you only have the market rate, use it for an estimate and expect a small difference.
What are landing charges?
This calculator assumes insurance at 1% of the goods value when you leave the Insurance box blank, and landing charges at 1% of the goods plus freight plus insurance, so the box starts at 1. These are our assumptions, not a statement of the rules. Confirm the current rules and the actual figures with your clearing agent and type them instead.
Can I get the sales tax back?
If you are registered for sales tax, ask your accountant whether you can claim the sales tax on imports back. If they say you can, tick the box and the calculator removes the sales tax from your cost. If you are not registered, leave it unticked.
Is this the amount customs will charge?
It is an estimate, not an assessment. Use it to price your stock and decide whether a shipment is worth buying. Check the declared value, the HS code, the exchange rate and any other charges with your clearing agent, who will confirm the final amount before you pay.