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CUSTOMS/DUTY/VAT
 
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Customs / Duty / VAT
 
It is extremely difficult for TCI to pay EEC import duties and VAT. We are a Hong Kong based company and we CANNOT reclaim VAT. Therefore your finance department must pay all monies claimed by your Government on the day the goods arrive in your country. Our freight agent PMG WORLDWIDE Ltd, can take care of this process. Freight and duty are calculated on the imported shipping invoice price. Goods WILL NOT BE RELEASED by Government Custom’s offices at air or seaport until these taxes are paid. The only credit given is by an individual Duty and VAT deferment allowance from the Government (3 months credit) but this must be personally negotiated weeks in advance.