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Topic: Bitmain give false? (Read 2606 times)

hero member
Activity: 798
Merit: 1000
January 01, 2016, 02:19:43 PM
#53
Import duty & taxes when importing into Italy
Overview
Import duty and taxes are due when importing goods into Italy from outside of the EU whether by a private individual or a commercial entity. The import duty and taxes payable are calculated on the CIF value, i.e. the sum of the value of the imported goods and the cost of shipping and insurance.  
Duty Rates
The duty rates applied to imports into Italy typically range between 0% (for example books) and 17% (for example Wellington Boots).  Some products, such as Laptops, Mobile Phones, Digital cameras and Video Game consoles, are duty free. Certain goods may be subject to additional duties depending on the country of manufacture, for example Bicycles made in China carry an additional (anti dumping) duty of 48.5%.
VAT Rates
The standard VAT rate for importing items into Italy is 22%, with a few exceptions attracting VAT at reduced rates of 10% or 4%. VAT is calculated on the value of the goods, plus the international shipping costs and insurance, plus any import duty due.
Minimum thresholds
For imports into Italy, there are minimum thresholds below which duty and VAT are waived.
Duty is not charged if:
the FOB value, i.e. the value of the goods excluding shipping and insurance cost, does not exceed €150
 
VAT is not charged if:
 
the FOB value, i.e. the value of the goods excluding shipping and insurance cost, does not exceed €22
 
Other taxes and customs fees
Excise duty is payable on for example tobacco and alcohol.
Additional customs fees can be charged to cover the expense of performing any required examinations, verification and or testing of the imported goods.

Local Customs office and contacts
More information on import declaration procedures and import restrictions you can find at the Italian Customs website.
legendary
Activity: 1218
Merit: 1003
January 01, 2016, 11:07:13 AM
#52
Duty for miners in EU??
I never paid custom duty, only VAT (aprox. 80 shipments within last 3 years).
What customs tariff code are you using?

I took it by this post



italia iva : 22% : 143,31 euro  -------->    = $ 156,6091
duty : 21,86 euro -------------->   =  $  23,8886
administrative rights : 12,00 euro -------------->  =  $ 13,1136
stamp : 2,00 euro ---------------->  = $  2,1856

total price : 179,17 euro -------------->   = $ 195,7969


As well I never paid any duty for computer PSU.
sr. member
Activity: 326
Merit: 250
January 01, 2016, 09:50:24 AM
#51
for example here http://www.dutycalculator.com/hs-lookup/39832/hs-tariff-code-for-bitcoin-mining/
8471.50.0090

I do not know what code you talk, I live in Italy,
How do you not pay customs duty


Where do I get the code?
hero member
Activity: 798
Merit: 1000
January 01, 2016, 09:44:09 AM
#50
I do not know what code you talk, I live in Italy,
How do you not pay customs duty


Where do I get the code?


I think these are the codes that you speak

205
405
200
201
605
999
sr. member
Activity: 326
Merit: 250
January 01, 2016, 09:40:55 AM
#49
Duty for miners in EU??
I never paid custom duty, only VAT (aprox. 80 shipments within last 3 years).
What customs tariff code are you using?


someone can give me some explanation? how much do I pay taxes?

If you paid  3696.74USD with bank transfer it is, after all, easy.

Add 22% VAT = 813,28 USD
Then add  duty   3.7% = 136,77USD

hero member
Activity: 798
Merit: 1000
January 01, 2016, 07:23:42 AM
#48
we hope you're right, at this price you can stay well well
legendary
Activity: 1218
Merit: 1003
January 01, 2016, 07:08:19 AM
#47


This is the order of 3X S7
in your opinion when should I pay now?
I have to make a loan to clear the goods?

https://i.imgur.com/zHO7PrP.jpg


someone can give me some explanation? how much do I pay taxes?

If you paid  3696.74USD with bank transfer it is, after all, easy.

Add 22% VAT = 813,28 USD
Then add  duty   3.7% = 136,77USD
+
administrative rights : 12,00 euro -------------->  =  $ 13,1136
stamp : 2,00 euro ---------------->  = $  2,1856

Total not less than 965,34 USD

In estonia I pay for this order only 739,35 USD   difference in price 226USD
hero member
Activity: 798
Merit: 1000
January 01, 2016, 06:45:12 AM
#46
someone can give me some explanation? how much do I pay taxes?
full member
Activity: 184
Merit: 100
January 01, 2016, 01:47:29 AM
#45
thats weird, when i saw the customs paper the value bitmain had written down was almost less than half of what i paid for the s7...
hero member
Activity: 798
Merit: 1000
December 31, 2015, 12:48:10 PM
#44


This is the order of 3X S7
in your opinion when should I pay now?
I have to make a loan to clear the goods?






legendary
Activity: 1512
Merit: 1000
December 31, 2015, 11:41:33 AM
#43
Price of import = sale price of items (or fair value) + shipping ACTUAL cost. The amount you were charged for shipping was possibly less than it actually cost to ship, meaning the declared value comes out higher. + exchange variations.
That's a lie. You are to be charged on the value you PAID for. You cannot be taxed anywhere in the world for something you didn't pay, regardless of the company eating the shipping price or not.

Of course you do, just as I have to pay import duties on both a review unit's value and shipping cost, even though I paid for neither.

You're both right.

EU you declare value and shipping.  In other countries, Canada for example, you only declare the value.
hero member
Activity: 798
Merit: 1000
December 31, 2015, 10:54:24 AM
#42
I wait for a paper invoice sent by FedEx, so you can see
sr. member
Activity: 408
Merit: 259
December 31, 2015, 10:43:35 AM
#41
Q: Bitmain give false?

A: They usually dont do that.

Q: so you're telling me that everything is fine right?

A: Yes, it looks right to me. Do the math:

140 x 3 = 420
420 + 48 for shipping = 468
 +22% tax in Italy = 458*1.22 = 570 USD *0.94 = 533 Euro
hero member
Activity: 798
Merit: 1000
December 31, 2015, 10:06:10 AM
#40
so you're telling me that everything is fine right?
sr. member
Activity: 484
Merit: 251
December 31, 2015, 08:27:56 AM
#39
Price of import = sale price of items (or fair value) + shipping ACTUAL cost. The amount you were charged for shipping was possibly less than it actually cost to ship, meaning the declared value comes out higher. + exchange variations.
That's a lie. You are to be charged on the value you PAID for. You cannot be taxed anywhere in the world for something you didn't pay, regardless of the company eating the shipping price or not. And Bitmain doesn't decrease the actual shipping price. If anything they increase it.

Well, they don't steal anything, they don't get anything more from this, so yeah they often mess up the value on things, i'm not sure why, but its a pain to deal with the rectifying the price declared.
They get 17% from chinese government out of everything they export, or what they say they do.

I,m pretty sure taxes work the other way around. The more money they get from people, the more tax they need to pay, which would translate into being a income loss if you declare higher gain than you did gain and better gain if you declare same or less than what you gained.

Maybe China works differently than what i can imagine.
No, I don't think they get a 17% tax refund. I know they do. I know how chinese export works and I already heard directly from two bitmain employees about this.
That's why miners in chinese site are ~15% more expensive than global.
legendary
Activity: 1218
Merit: 1003
December 31, 2015, 08:04:51 AM
#38
In estonia is the e‑Tax Board/ e‑Customs environment  and and each company and private person can submit their Custom declaration by himself.
http://www.emta.ee/?lang=en

So I pay from  miners and PSU-s only 20% VAT and pay nothing  a courier company.

If you do not want to declare themselves, then you can use courier companies for Custom declaration. UPS and DHL take about 20 eur for that.

From the buying-S5 +  miners until the end of the year I paid over 13 000 euro VAT. But I have saved hundreds of euros completing the declaration itself.

Come to Estonian e-resident and maybe pay less  Cool
https://e-estonia.com/e-residents/about/
full member
Activity: 140
Merit: 100
December 31, 2015, 07:51:33 AM
#37
Price of import = sale price of items (or fair value) + shipping ACTUAL cost. The amount you were charged for shipping was possibly less than it actually cost to ship, meaning the declared value comes out higher. + exchange variations.

This!

I was confused about this in the beginning as well, but Bitmain haven't done anything wrong here.
sr. member
Activity: 408
Merit: 259
December 31, 2015, 07:29:30 AM
#36
But 128.97 x3 +22% import taxes are  (128.97*3*1.22)= 472.03 so there are just 60 (or 50 + 22% taxes) bucks left, which was possibly charged by FedEx for the customs service at the italian border. So actually it looks ok to me.

I know you have been ripped off by a forum member (thats a pity).

edit:

with 467.99 USD +22% taxes it would be 570.95 -> even more. USD/EUR is around 0.95, so thats 542 EUR.

APW3-12-1600-B2 1600W   140 USD   2.3 kg x 3   420 USD
( 0.995 BTC )
0 USD
(0 BTC)   No Coupon   420 USD
( 0.995 BTC )
Shipping Cost   0.114 BTC
( 47.99 USD )
Total   1.109 BTC
( 467.99 USD
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
December 31, 2015, 07:20:12 AM
#35
in Sicily these people are put aside, because they bring nothing but trouble

Stop ordering from them, this is not your first "omg bitmain scammers ripoff omg omg" thread.
hero member
Activity: 798
Merit: 1000
December 31, 2015, 06:57:25 AM
#34
Before you do that, please do some due diligence first.

Have a look at pos 12 Elementi del valore: 128.97 -> this is the value form Bitmain.


Everything else is filled out by FedEx. It has to, because they have to charge taxes to their service as well. It might be possible, that bitmain doesnt show off with the actual price for shipping.



enough for me to see that stated in the invoice 533.94
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