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International Trade & Logistics Terminology

Our glossary simplifies common industry terms in freight and logistics into clear, easy-to-understand explanations.

Import Value-Added Tax

Import Value-Added Tax is the VAT payable on imported goods entering a country. It is typically calculated based on the dutiable value (including shipping and insurance). Tax rates vary by country; for example, in the EU, rates range from 15% to 25%. Import VAT can be deducted from subsequent sales, but accurate declaration and receipts must be maintained. For cross-border e-commerce businesses, calculating and explaining taxes and fees in advance can help avoid disputes.

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