- Joined
- Oct 29, 2013
- Messages
- 455
- Reaction score
- 304
- Location
- Romford
- Hive Type
- Commercial
- Number of Hives
- 25
Hi all,
Could anyone who has experience of importing products to sell on, give me an idea of what the process is? Looking through the internet can be a bit confusing at times and I was hoping someone here would be able to break the process down a bit?
From what I can see it's a case of:
Agree price and contract with supplier
Order goods
Will then be invoiced for goods and shipping.
Will have to pay an import tax Based on value of the goods.
Will then have to pay VAT based on all of the above?
Is this correct so far?
Could anyone who has experience of importing products to sell on, give me an idea of what the process is? Looking through the internet can be a bit confusing at times and I was hoping someone here would be able to break the process down a bit?
From what I can see it's a case of:
Agree price and contract with supplier
Order goods
Will then be invoiced for goods and shipping.
Will have to pay an import tax Based on value of the goods.
Will then have to pay VAT based on all of the above?
Is this correct so far?