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Thread: Denford Triac

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  1. #15
    asto's Avatar
    Lives in Attica, Greece. Last Activity: 29-12-2019 Has been a member for 9-10 years. Has a total post count of 65.
    [QUOTE=m_c;50228]Do you think other countries don't have import duties or some form of VAT?[/QUOTE

    ...Please allow me to add some thoughts here.
    Value Added Tax it is right? So someone buys raw material like brass for example-useless at this form- then machines the brass and makes brass gears and finally sells these at three times the price he paid for the raw material. He added value to that metal and in this case the buyer not him has to pay the VAT because he bought a brand new item.
    This is a realy old machine and the VAT has been paid already by the first owner/buyer. Who says the new buyer has to pay again VAT?
    And this is the reason why European Union by low makes clear that second hand goods buyers within the EU countries do not pay VAT. I just disregard the code number of this partcular law. Just go to a EU official representative and ask for an abstract to show to the customs when the machine arrives.
    Last edited by asto; 07-10-2013 at 05:29 PM.

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