The basic formula for calculating import tariffs is:
Import tariffs = duty-paid price × import tariff rate
In calculating tariffs, the following points should be noted:
1. Import taxes are paid 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 Administration of Foreign Exchange announced the RMB foreign exchange rate of the median price of the purchase and 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.
2. The amount of tax-paid price is calculated up to the yuan, and rounded up to the nearest dollar. The amount of duty-paid is calculated up to the cent, and rounded up to the nearest cent.
3. The amount of customs duty on a single shipment of goods is exempted if it is less than RMB 50 yuan. The transaction price of imported goods, due to different transaction conditions and different price forms, commonly used price terms, there are FOB, CFR, CIF three. According to the three commonly used price terms are examples of the calculation of import taxes.
Expanded
Tariffs of various names are also import duties, such as preferential tariffs, MFN tariffs, GSP tariffs, protective tariffs, anti-dumping tariffs, countervailing tariffs, retaliatory tariffs and so on. The use of excessive import tariffs creates barriers to imported goods and hinders the development of international trade. Import tariffs affect the interests of exporting countries, so it becomes a means of international economic struggle and cooperation, many international trade reciprocity agreements to mutual concessions on import tariffs or give preferential tariffs as the main content.
"General Agreement on Tariffs and Trade" is to promote international trade and economic development for the purpose of signing a multilateral trade agreement, which advocates the liberalization of international trade, the gradual elimination of various trade barriers, the most important one of the measures is to reduce the level of import tariffs through the parties to the mutual consultation and negotiation between the countries. One of the most important measures is to reduce the import tariff level of each country through mutual consultation and negotiation among the parties, and to restrain the tariffs of the parties from being raised arbitrarily. Since tariffs regulate the flow of imports and exports through the market mechanism, at the present stage it is still permissible to use import tariffs as the only legitimate means for countries to protect their economies. However, through several rounds of negotiations on tariff concessions, the tariff levels of countries have been greatly reduced.
Customs supervision and handling fees are levied according to the following standards:
1. Inward processing and contract processing, is the processing and assembly of electromechanical products re-export of goods, according to the Customs audit of the CIF price of the goods of the 1.5 ‰ levied;
2. Contract processing in the introduction of advanced technology and equipment, as well as the processing of jewelry, fur, high-grade garments, machine knitted sweaters and sweater pieces, Plastic toys imported materials, pieces, in accordance with the Customs and Excise Department to determine the CIF price of goods 1 ‰ levy;
3. Imported bonded storage for more than 90 days (including 90 days) without processing of goods that are transshipped back to the export of goods, according to the tariffs duty-paid price of 1 ‰ levy;
4. Imported duty-free goods, in accordance with the Customs and Excise Department to determine the CIF price of the goods of 3 ‰ levy;
5. imported tax-reduced goods, in accordance with the actual deduction of tax part of the goods of the CIF price of 3 ‰ levy;
6. other imported bonded goods, according to the customs audit of the goods of the CIF price of 3 ‰ levy.
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