Shipping goods is quite a complex process and an integral part of this process is dealing with a wide range of taxes involved. Taxes are mandatory financial obligations levied by governing authorities on goods and services, income, etc.
Following is a list of some of the common taxes levied on goods:
VAT - Value Added Tax
GST (Goods and Services Tax)
Other common taxes that are charged by customs include:
Excise duty (usually levied on fuel, alcohol, tobacco)
Consumption tax on luxury goods