We need to quote a client for some Canadian-based specialised software which needs to be downloaded after payment to the Canadian vendor is made. The amount is around US$5000. This equates to a cost price of around R63,000 without any hidden costs.
Not being an Importer I need to find out what, if any, the "import" implications of this would be in respect of -
1. VAT on purchase?
2. "Import" charges
3. Foreign Currency payments
4. Anything other charges
I will be reselling this software but do not want to sell myself short should there be any hidden charges nor do I want to price the software at a ridiculously expensive price to cover possible hidden overheads.
All advice appreciated!
-F_D
Not being an Importer I need to find out what, if any, the "import" implications of this would be in respect of -
1. VAT on purchase?
2. "Import" charges
3. Foreign Currency payments
4. Anything other charges
I will be reselling this software but do not want to sell myself short should there be any hidden charges nor do I want to price the software at a ridiculously expensive price to cover possible hidden overheads.
All advice appreciated!
-F_D
