Watch glossaryVAT
In accordance with the laws governing members of the European Union, Toptime, s.r.o. is obliged to charge Slovak VAT (20 %) on all orders delivered to destinations in member countries of the EUROPEAN UNION, although EU VAT registered businesses may chose to remove the VAT charge by providing us with their VAT registration number.
EUROPEAN UNION COUNTRIES are: Austria, Belgium, Bulgaria, Cyprus, Czech republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom. Shipments to all other (NON-EU) countries are counted without 20 % VAT. If your shipment is to some NON-EU country, then you will not be charged 20 % VAT. The VAT will be automatically deduct in the checkout process (based on your shipping address)! Although, if you need to know price without VAT before checkout process, the easiest way how to calculate it is on the example undermentioned:
IN CASE THAT PRODUCT PRICE INCLUDED VAT IS 600 € (XXX - your counted price).
600 € (XXX) * 20 / 120 = 10 € (VAT) so the price without VAT is 600 – 100 = 500 €
All prices displayed on our webpage included VAT what is stated behind every price as „(included 20 % tax)“.
Toptime, s.r.o. decide whether or not VAT is applicable based on the delivery country selected. The delivery country is selected as part of the order process.
Below is an explanation of how we handle VAT:
Orders for delivery outside of the European Union (EU)
- VAT is not applicable for orders delivered to countries outside of the EU and will therefore not be charged. However import duties and local taxes may apply when the goods arrive. These are the Customer's responsibility.
Orders for delivery to European Union (EU) member states
- VAT is applicable to all orders to European Union (EU) member states and will be charged at the Slovak rate of 20 %.
- EU VAT registered businesses may chose to remove the VAT charge by providing us with their VAT registration number at checkout (this does not apply to Slovak VAT registered businesses where VAT must be charged).
Orders for SLOVAKIA delivery
- VAT is applicable to all Slovakian orders and will be included in the final cost. VAT will be charged at the Slovak rate of 20 %.
Import Duties and Local Taxes
Orders for delivery outside of the European Union may be subject to import duties and local taxes which are levied once the package reaches the destination country. Any additional charges for customs clearance must be borne by the Customer; Toptime, s.r.o. have no control over these charges and cannot predict what they may be. Customs policies vary widely from country to country, so the Customer should contact your local customs office for further information.
