Trade Wizards - Landed Cost Calculator

The Landed Cost Calculator simplifies cross-border transactions by accurately calculating all relevant costs associated with the shipment of goods from any origin to any destination in the world. Global manufacturers and distributors cannot afford to be surprised by a significant difference in 'expected' versus 'actual' cost of goods upon arrival in the country of import. Specific charges and taxes also vary significantly, based on the source country, destination country, mode of transport, parties involved and the type of goods being shipped. Global manufacturers and distributors cannot afford to be surprised by a significant difference in 'expected' versus 'actual' cost of goods upon arrival in the country of import. Specific charges and taxes also vary significantly, based on the source country, destination country, mode of transport, parties involved and the type of goods being shipped. The Wizard calculates the 'total landed cost' of an item combining the actual cost of the goods with transportation and insurance costs, custom duties, unique taxes such as excise tax, value-added tax, as well as other governmental charges levied at the point of import for any product classification within the HS Code. Highly accurate calculation tool based on comprehensive, in-depth trade content database: Invokes seasonal duties, taxes and transport-related fees according to user specified mode of transport and date of shipment Enables automated calculation of complicated excise conditional taxes in seconds Incorporates official unit of measurement to display accurate governmental duty assessment for each commodity Supports rea-time currency conversion by capturing customs or commercial rates of any country currency exchange on a daily basis Allows users to take full advantage of preferential duty rates and agreements for all commodities (including WTO rate, regional agreement rate, free trade agreement rate, bilateral agreement rate, country preferential rates for certain beneficiaries) Detailed tax formulation – calculates duties, excise tax, value-added tax, provincial taxes, profit taxes, statistical taxes, customs fees, port charges and all other import taxes Transportation and insurance – enables users to refine their analysis with options to input estimated transportation and insurance costs Sophisticated analysis – enables complex tariff scenarios for assemblies, ores, kits and watches to aid procurement and distribution planning Basis of valuation – incorporates Incoterm logic along with local customs agency valuation criteria Realize cost savings based on improved visibility of all duties and preferential rates. Reduce duty payments by understanding if any anti-dumping or countervailing duties apply Forecast product profitability based on total landed cost objectives Save time and effort by automating the calculation process