Import Duty in San Diego

Import duty in San Diego and other import taxes are one of the most confusing and frustrating subjects for importers to understand and determine. Import duty is the tax an importer must pay to the United States government to bring foreign goods across the border and in to the country. If your company is thinking of bring goods into the country, you need to understand import duties, or find someone who does.

Import duty in San Diego can be calculated several different ways, but the majority of import duties are calculated as a percentage of the declared value of the product. Import duty can be complicated and the often differ from product to product. Duties are determined based on the commodity imported, its country of origin, its declared value, and a variety of other factors such as quota controls. Import duty values can be zero or it can be as high as 100% (or more) of the declared value of the products

Paying Import Duties
Import duties are due for payment when the products arrive in the United States at a US Customs port of entry. Paying the import duty in San Diego and other taxes is the responsibility of the importing company, who is indebted to the Government of the United States for the importation of their goods. Though some companies use a third party, such as a customs broker or agent, importers are ultimately responsible for ensuring that the proper duty and taxes are paid in full, releasing their debt to the United States government.

There are two ways to pay import duty charges. They can be paid through a licensed Customs Broker – this is usually done by check or bank draft made out to the broker, or by using a separate check made out to the United States Customs and the broker). The second way to pay them is directly with a check or bank draft to United States Customs. Failure to pay the proper import duty in San Diego and taxes can result in a lien against the merchandise.
Some imported products qualify for a duty charge of zero percent, while others goods are exempted entirely from import duties.

Items exempted include:
Containers whose contents have been exported and are now being returned to the United States.
Animals temporarily exported for pasturage purposes and then returned within eight months.
Household and personal effects.
Books, instruments, and other professional equipment that was used overseas and returned
Other items being re-imported.

Though duties are standardized, the calculation of duties and taxes can be complicated and confusing. Most importers spend their time running the operations of their business and lack the time to properly understand the intricacies of import duties and taxes. When calculating import duty in San Diego and taxes on imported goods it is advisable to use the services of an experienced customs broker.

Import Duty in San Diego