View Full Version : Exchanged faulty product-how will taxes and duty be handled

04-23-2018, 06:49 PM
We bought a printer for US$16,000. Paid tax on it upon import. That printer breaks down. We get offered an upgraded version that actually cost US$32,000. We returned the old printer in exchange and just needed to pay the difference between US16,000 and US$32,000. The shipping invoice still has to show though US$32,000 as value. That would mean though we have to pay tax and duty on the full amount, even though we paid already tax and duty on the printer we had to return now. How can this be handled during import now so that we have to pay only tax on the difference of the price between old and new product.