Tariffs are levied by the state on the importation of certain commodities - different tariffs for different commodities, different tariffs for different countries of origin, but most import tariffs for commodities are in the 5-20% range.
Tariffs are generally a high-level tax in countries where the highest administrative unit of the country assigns a rate, and for countries with well-developed foreign trade, tariffs are often the main source of revenue for the country's taxes and even for the national treasury.
Import tax payment in the form of RMB. Imported goods in foreign currency transactions, by the Customs and Excise Department in accordance with the issuance of tax payment certificate on the date of the State Foreign Exchange Administration announced the RMB foreign exchange rate of the median price of the sale of RMB levy. RMB foreign exchange rate table is not included in the foreign currency, according to the exchange rate determined by the State Administration of Foreign Exchange converted into RMB.
Expanded Information:
The basic formula for calculating import duty is:
Import duty amount=duty-paid price×import duty rate
The amount of the duty-paid price is calculated up to the dollar, and rounded down below the dollar. The amount of duty-paid is calculated up to the cent, and rounded up to the nearest cent.
The amount of duty on a single shipment of goods is exempt from duty if it is less than RMB 50 yuan. The transaction price of imported goods, due to different transaction conditions and have different price forms, commonly used price terms, there are FOB, CFR, CIF three. Now according to the three commonly used price terms, respectively, to introduce the calculation of import taxes.
Baidu Encyclopedia - Import Tariffs