Romania Import Duty Rates, Tariffs & Duty Calculations Explained

Import duty in Romania is a tax levied on goods imported into the country. The duty rates varies by product and are determined by the Romanian customs authorities. Importers are required to pay the applicable duty rates, as well as VAT at a rate of 19%, on the imported goods. The total cost of importing goods into Romania will include the duty, VAT, and other applicable fees, all of which are payable in RON.

The duty on imported goods in Romania can be calculated in two ways: ad valorem or specific. Ad valorem duty is calculated as a percentage of the goods' value, while specific duty is a fixed amount per unit of the goods. The method of calculation depends on the type of goods being imported and the applicable duty rates, which varies by product. The total duty payable will be the higher of the ad valorem and specific duty calculations.

HS codes play a crucial role in determining the duty rates applicable to imported goods in Romania. The Harmonized System (HS) codes are an international standard for classifying goods, and Romanian customs authorities use these codes to determine the duty rates and other regulations applicable to the imported goods. Importers must ensure that they use the correct HS codes for their goods to avoid errors in duty calculation and potential penalties.

The preferential origin of goods can significantly impact the duty rates applicable to imports in Romania. Goods originating from countries with which Romania has a free trade agreement or other preferential trade arrangements may be eligible for reduced or zero duty rates. Importers must ensure that they comply with the rules of origin requirements to benefit from these preferential rates and pay the applicable VAT at 19% on the imported goods, with all payments made in RON.

To calculate the total cost of importing goods into Romania, importers must follow these steps: determine the HS code for the goods, determine the applicable duty rate, which varies by product, calculate the ad valorem and specific duty, and choose the higher of the two. Add the applicable VAT at 19% to the duty payable, and ensure all payments are made in RON. For example, if the duty rate is ad valorem and the goods' value is 1,000 RON, the duty payable would be a percentage of 1,000 RON, plus 19% VAT on the total value of the goods.