We have already informed you in several articles about the new amendment to the law, which will enter into force in a few days. The conditions for importing goods from third countries are changing, including China, from which we all like to buy. In this article, you will learn how to save on VAT from the popular Banggood e-shop, as well as what postage to choose when buying.
Amendment to the law valid from 1 July
If by chance you did not catch the information about the new amendment to the law, we will briefly summarize what will change. With effect from 1.7. a new amendment to the law regulates the import of goods from countries outside the EU enters into force.
After the new one, it will be necessary to file a customs declaration for all shipments that come to us from countries outside the European Union. This also applies to those with a value of less than € 22. Generally speaking, VAT must be paid for all shipments up to € 150. Conditions for shipments over 150 € do not change, here you pay VAT and customs duties. Whether or not you pay VAT when you make a purchase depends mainly on the seller.
How specific will it be for Banggood?
Many are interested in how these changes will specifically affect one of the most popular players when shopping from China, the international retailer Banggood. Since most discount coupons are for Banggood and are currently our biggest partner, let's see how this e-shop reacted.
The basis is to choose the right type of delivery. For some products, you have several options to choose from, which can upset customers. There are 2 delivery groups available: DDP (Delivered Duty Paid) a DDU (Delivered Duty Unpaid). As the name suggests, with DDP, Banggood will take care of all the charges for you, with DDU these responsibilities remain with you.
Duty-free modes of transport
In the first group, DDP, customs duties and VAT are already included in the price of the product. On delivery so you will not pay anything extra. These include the following types of transport:
- EU Priority Line - primarily courier service GLS - warehouses CN / HK
- New Banggood Express - transport company Comet - CN warehouse (not tested yet)
- European Railway Direct Mail - UPS railway - CN warehouse - mostly large packages, such as scooters
In the case of the three types of transport mentioned above, it will therefore work as we have become accustomed to so far. This means that the amount you pay for the goods in the store is final for you and you do not have to deal with customs procedures or any additional fees. Everything will be arranged for you directly by the seller.
The novelty in this case is transport Banggood Express, which is available for more expensive products (such as Xiaomi Mi Router AX6000) completely free of charge. Even faster delivery is featured. In the case of this transport, the transport company Comet takes care of the transport.
However, we have not tested this mode of transport yet, but we are definitely planning a review. As soon as the goods arrive through this transport, we will let you know how it turned out.
Customs modes of transport
The second group, DDU, where you will have to deal with and pay the customs procedure yourself, includes the following types of transport:
- Air Parcel Register
- Standard Mail Register
- Express Shipping
- Priority Direct Mail
We recommend choosing one of the first three modes of transport, from the DDP group.
In addition, Banggood offers tariff insurance called Tariff insurance. Should it happen that you pay customs duties when choosing one of the recommended types of transport (from the DDP group), Banggood will reimburse you for these fees.
Just send proof of payment and the seller will then reimburse you for these fees. There is insurance for EU Priority Line transport Tariff Insurance automatically included and is free. However, you can pay extra for this insurance, for example, when transporting the Air Parcel Register, which is available for most cheap products with a price of up to € 30.
Banggood describes on your sitehow exactly this insurance works. If customs charges occur, the seller will give them to you reimburses up to 60%.
European warehouses are unchanged
As for European warehouses, you can continue to buy from them in the same way as before. As the new rules apply to countries outside the European Union, you continue to buy from the warehouses of Banggood and other retailers in Europe without change.
European warehouses will ensure you not only delivery without worries and fees, but also fast delivery in a few days. EU Priority Line and EU Priority Mail deliveries are available for products from these warehouses.
The new law is being moved in the Czech Republic
The new amendment to the law will enter into force on 1.7.2021 July XNUMX, but will have a slight delay in the Czech Republic. How informed the iDNES.cz portal, due to covid legislation, this law found itself on the second track, which was a delay. The next meeting of the Senate will be on July 1. The law must then be signed by the president.
The inhabitants of the Czech Republic can thus continue to shop under the current conditions, at least at the beginning of the summer. We will find out more after the Senate session.
Our video tutorials on how to order from Banggood
If you happen to have no experience with a Banggood seller and you do not know exactly how to order, we have prepared detailed video instructions in which we go through the entire shopping process in less than 3 minutes, show you how to choose the right shipping and how to enter a discount coupon.
In the ChinaPlanet.sk website, XiaomiPlanet.sk a DealPlanet.sk We are constantly looking for the best discounts and purchasing options for our readers, testing new sellers and various methods of shipping goods from China.
Be sure to keep an eye on us and you will learn fresh information in the field of bargain shopping from China, but also European warehouses. We also cordially invite you to our new Facebook group called Everything from EU warehouses, where we will focus on offers exclusively from European warehouses with delivery free of duty and VAT.