Post
Topic
Board Hardware
Re: Duty, Tariff, VAT Rates
by
NotFuzzyWarm
on 26/01/2022, 22:53:52 UTC
Bitmain puts $150 as the value of the miners on the shipping invoice that goes to customs, so the 25% tariff ends up being around $37.
late reply but this 1000% incorrect.
The actual value is stated.  So break out the checkbook for Uncle Sam
I too will confirm that Bitmain would NEVER falsify the value. Doing that is a great way for not only the US but pretty much any other country's Customs folks put a block on all shipments entering their country. Remember, the EU also has a hefty import tax -- VAT -- that is also based on declared shipment value.

Btmain nor any other manufacturer or distributor would risk that.