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International sales tax and SA Customs VAT calculation (imported goods)
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<blockquote data-quote="SphereCDI" data-source="post: 1090942" data-attributes="member: 351"><p>Any tax paid in a country can only legally be reclaimed by an entity registered for tax in that country, as far as I'm aware. We're fortunate that we have a business in the UK and in SA, but it still doesn't make it any less complicated and headachy. Taxes can also only be claimed back on export, with appropriate documentation. Usually for export sellers they wouldn't even bother with local taxes, as the claiming process is a ball ache. </p><p></p><p>As to the invoicing, you'd be surprised. We were able to purchase Sony products (eg projectors) at retail including VAT in the UK, and import them completely legitimately, and the landed cost here in SA was at worst on par with the trade price dealers were buying at locally. middlemen schmiddlemen. if you exclude shipping, duties and vat, our pricing aims to be bang on par with overseas prices specifically to discourage this...</p></blockquote><p></p>
[QUOTE="SphereCDI, post: 1090942, member: 351"] Any tax paid in a country can only legally be reclaimed by an entity registered for tax in that country, as far as I'm aware. We're fortunate that we have a business in the UK and in SA, but it still doesn't make it any less complicated and headachy. Taxes can also only be claimed back on export, with appropriate documentation. Usually for export sellers they wouldn't even bother with local taxes, as the claiming process is a ball ache. As to the invoicing, you'd be surprised. We were able to purchase Sony products (eg projectors) at retail including VAT in the UK, and import them completely legitimately, and the landed cost here in SA was at worst on par with the trade price dealers were buying at locally. middlemen schmiddlemen. if you exclude shipping, duties and vat, our pricing aims to be bang on par with overseas prices specifically to discourage this... [/QUOTE]
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International sales tax and SA Customs VAT calculation (imported goods)
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