De minimis Values (by country) You Need To Know For Your Business Today
Planning to sell to an international audience? Welcome to a world of excessive customs and tax clearance! Customs may sound like a long drawn process, but if you prepare yourself, nothing is a significant task. Awareness about various aspects of these tax clearances is what you need to overcome these small hurdles.
Thus, in this blog, we guide you through ‘De minimis values,’ which are a significant catch with international shipping. They are different for each country and to which country has which De minimis value, carry on!
What Are De minimis Values?
These are maximum values up to which, no import duties/taxes can be collected from the sellers. Therefore, goods valued at below these specified values can enter that country duty-free.
For example, In 2016, USA changed its De minimis value from $200 to $800, giving a major boost to sellers across the world, looking to export to the USA.
In August 2018, Mexico has changed its De minimis threshold from $50 to $100 under the revised trade agreement with the U.S.
How Are De Minimis Values A Boon?
As a seller, you must be aware of the pricing of your goods. To maintain good profits and avoid any losses, you need to plan the price of the product keeping in mind the shipping and the clearance. These conditions are the reason why most buyers see a shift in rates when they place an international order.
When deciding the prices of products, you are bound to keep in mind the making costs, shipping costs, clearance costs, return shipping cost and the insurance. Thus, If you can combat the clearance costs, you can also decrease the overall cost of products. This move can lead to better marketing and add as a USP to your product.
Disclaimer: These values are subject to change from time to time by the stipulated federal authorities. Shiprocket does not take any responsibility of any liability for the inaccuracies contained therein or decision made by the information listed below.
Country | De minimis value "no duty/tax collection" | Remark | ||
---|---|---|---|---|
in national currency | in USD | in SDR | ||
Andorra | 12 EUR | 14 | 10 | |
Argentina | 25 USD | 25 | 18 | only for postal shipments |
Armenia | 150000 Armenian Drams | 300 | 213 | |
Australia | 1000 AUD | 756 | 537 | Considers elimination of de minimis |
Austria | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Azerbaijan | 1000 USD and 50 kg | 1000 | 710 | Only for non-‐commercial shipments below threshold |
200 USD and 20 kg | 200 | 142 | For all postal shipments below threshold | |
Bahrain | No de minimis | 0 | 0 | |
Bangladesh | 1000 Taka | 13 | 9 | |
Belarus | 10 EUR | 11 | 8 | |
Belgium | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Belize | 50 USD | 0 | ||
Bolivia | 100 USD | 100 | 71 | only for postal shipments |
Bulgaria | 150 EUR (Customs duties) | 170 | 120 | |
15 EUR (VAT) | 17 | 12 | ||
Brazil | 50 USD | 50 | 36 | only for postal shipments |
Brunei | 400 BND | 210 | ||
Cambodia | 50 USD | 50 | 36 | |
Canada | 20 CAD | 15 | 11 | |
Chile | 30 USD | 30 | 21 | Duty preferences for postal shipments only |
China | Shipments with duty and VAT liability less than RMB 50 | 8 | 6 | |
Colombia | 200 USD | 200 | 142 | |
Costa Rica | No de minimis | 0 | 0 | |
Croatia | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Cyprus | 150 EUR (Customs duties) | 170 | 120 | |
17 EUR (VAT) | 19 | 14 | ||
Denmark | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Dominican Republic | 200 USD | 200 | 142 | |
Ecuador | 400 USD & 400 KG | 400 | 284 | per shipment -‐ regardless of value. |
El Salvador | No de minimis | 0 | ||
Estonia | 150 EUR (Customs duties) | 170 | 120 | |
21.98 EUR (VAT) | 25 | 18 | ||
Ethiopia | 20 EUR | 23 | 16 | |
Finland | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
France | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | minimis in EU law | |
Georgia | 500 GEL and 30 kg | 217 | 154 | For non-‐commercial shipments only and only for foodstuffs classified in headings 0401-‐0406, 1702-‐1704, 2101-‐2102, chapters 06, 07, 08, and 19 of the Harmonized System. |
1000 GEL and 50 kg | 434 | 308 | For non-‐commercial shipments only and only for Commodities classified in HS chapters 28-‐96. | |
3000 GEL and 50 kg | 1302 | 924 | For non-‐commercial shipments by air only and only for Commodities classified in HS chapters 28-‐96. | |
Germany | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Greece | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Guatemala | Not applicable | 0 | 0 | |
Honduras | 500 USD with certain exceptions | 500 | 355 | |
Hungary | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Iceland | 1000 Icelandic Krona | 8 | 6 | |
India | 10000 INR | 150 | 107 | Only samples and gifts |
Indonesia | 50 USD | 50 | 36 | There is a pending draft of Customs regulations concerning Customs plan to change de minimis threshold from USD 50 to 100. |
Iran | <50 USD | 50 | 36 | |
Ireland | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Israel | 100 USD | 100 | 71 | |
Italy | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Japan | 10000 JPY | 90 | 64 | |
Jordan | 20 Jordan dinars for commercial samples | 28 | 20 | |
Korea | 150 USD (FOB) | 150 | 107 | Only personal shipments and samples, except medicine, herb medicine, wildlife-‐related products, quarantined items such as agricultural, live stock and marine products, nutritional supplement, food , alcoholic beverages, tobacco, cosmetics (only applied to functional cosmetics, placenta-‐containing cosmetics, cosmetics containing steroids, and hazardous cosmetics), and others. |
200 USD | 200 | 142 | Only for trade with USA and Puerto Rico as per Korea-‐US FTA. | |
Latvia | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Liberia | 150 USD | 150 | 107 | |
Lithuania | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Luxembourg | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Malaysia | 500 MYR | 128 | 91 | |
Malta | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Mexico | 50 USD | 50 | 36 | |
Mexico | 300 USD | 0 | only for postal shipments | |
Morocco | 300 Moroccan Dirham | 31 | 22 | |
Netherlands | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
New Zealand | 400 NZD | 272 | 193 | collect”. As NZ GST is 15 percent, de minimis threshold is 400 NZD, but |
Norway | 200 NKR | 24 | 17 | |
Panama | 100 USD (Not implemented correctly in practice); down from 200 USD | 100 | 71 | |
Paraguay | 100 USD | 100 | 71 | |
Peru | 200 USD | 200 | 142 | |
Philippines | 15 PHP | 0.33 | 0 | The Customs Modernisation and Tarriff Act (CMTA) increases the de minimis threshold to USD 200. The CMTA is still waiting to be signed into law by the Philippines President. |
Poland | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Portugal | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Qatar | 822 USD | 822 | 584 | |
Romania | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Russia | 7964 RUR | 119 | 85 | |
Rwanda | <400 USD | 400 | 284 | |
Saint Lucia | No de minimis | 0 | ||
Singapore | 400 SGD | 296 | 210 | |
Slovakia | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Slovenia | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Spain | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Sweden | 150 EUR (Customs duties) | 170 | 120 | |
22 EUR (VAT) | 25 | 18 | ||
Switzerland | Total duties/taxes less than 5 CHF are waived | 5 | 4 | |
Chinese Taipeh | 3000 TWD | 93 | 66 | |
Thailand | 1000 Thai Baht | 28 | 20 | |
Uganda | 10 USD | 10 | 7 | |
Ukraine | 100 USD | 100 | 71 | |
United Kingdom | 150 EUR (Customs duties) | 170 | 120 | |
15 GBP (VAT) | 21 | 15 | ||
Uruguay | 200 USD | 0 | Non-‐commercial shipments, only 4 shipments per year per person. | |
United States | 800 USD | 800 | 568 | |
Venezuela | 100 USD | 100 | 71 | |
Vietnam | 1000000 VND | 40 | 28 | New circular 191, which might be effective in April, will require express carriers in Vietnam to comply with the following: a. Import shipment with value under de minimis threshold and export shipment with value under 5 million VND can be declared using simplified mode in VNACCS system; |
Source: GEA overview on de minimis_9 March 2018
Additional Information
As mentioned, US recently changed it’s De minimis value from $200 t0 $800, but this does not mean all products are exempt from duties.
According to a recent report, the US has brought out a change in its policies and revoked the duty-free concessions on import of at least 50 Indian products from 1 Nov 2018. These products are majorly are a part of the handloom and agriculture sector. A few of those products include
– Dyed, plain weave certified hand-loomed fabrics of cotton, containing 85 percent or more cotton by weight.
– Plain weave approved hand-loomed fabrics of cotton, providing 85 percent or more cotton by weight,
– Hand-loomed carpet, and other textile floor coverings.
– Base metal clad with gold mixed link necklaces and neck chains
– Keyboard musical instruments, like harmoniums (instruments with free metal reeds)
This information can help you avoid any confusions and plan your shipments in a much better manner.
Thus, awareness and preparedness can lead to intelligent decision making, decreased losses and improved functioning of your eCommerce business!