What is VAT and how is it charged?
What is VAT?
The Value Added Tax, or VAT, in the European Union is a general, broadly based consumption tax assessed on the value added to goods and services. For most EU-countries VAT is 21%.
For shipment outside the EU the Value Added TAX is not charged.
As a consumer you importing good you might be obligated to report and pay VAT. For more information consult your homecountry tax regulations.
The price for the ProGauntlet is 450 Euro including 21% VAT.
The Value Added Tax is 78,10 Euro (450 / 1,21- 450) x
The selling price excluding VAT is therefor 450 - 78,10 = 371,90 Euro