Ecuadorian Tariff Increase on Internet Shopping

Tariff Increase on Internet Shopping over $400

The Ecuadorian government has determined that retail purchases made ​​online with a cost of over $400, must follow the new tariff adjustment.

If a person made an acquisition by the web of less than $ 400 and weights less than four kilos, he didn’t have to pay a tariff. But now, if these parameters are exceeded, the buyer must assume a larger tariff payment. This law has been active since June 15.

For example, cameras and VCRs didn’t pay fees. Now,  individuals must cancel an ad valorem on the price of 25% for those items.

Televisions also were reclassified according to size. Previously, TVs of 42 inches or more, had to pay a 5% of ad valorem and a specific tariff of $ 158.14; following next Friday, all these devices over 50 inches must pay 20% of ad valorem. (MZ)