Duty Calculator

Import Duty is a statutory tax levied by customs authorities to regulate trade and generate revenue. In the majority of global jurisdictions (WTO members), the 'Assessable Value' for taxation is not just the product price, but the CIF (Cost, Insurance, and Freight) value. This means importers pay taxes on the logistical costs of bringing goods to the border.

Primary Calculation Logic:

CIF Value = FOB Price + Shipping + Insurance
Duty Amount = CIF Value � Duty Percentage %

Managing Duty Leakage is vital for e-commerce and bulk importers. Failure to accurately forecast these costs can lead to 'Landed Cost Surprises' that erase entire net profit margins. This tool provides a professional baseline for compliance and financial budgeting across major global corridors.