Edit of taxes levied
Consumption tax
According to the provisions of the "Interim Regulations of the People's Republic of China on Consumption Tax", my country currently only levies 4 categories of goods Excise tax.
Reduced tax rate on luxury goods
Category 1: Special consumer goods whose excessive consumption will cause harm to health, social order, ecological environment, etc., such as cigarettes, wine, alcohol, and firecrackers , fireworks.
Category 2: Luxury goods and other non-necessities of life, such as precious jewelry, jewelry, cosmetics, and skin care and hair care products.
The third category: high-end consumer goods with high energy consumption, such as cars, motorcycles, and car tires.
Category 4: Non-renewable and alternative petroleum consumer goods, such as gasoline and diesel.
(1) Ad valorem consumption tax
1. Types of taxed goods and their tax rates
According to the provisions of the "Consumption Tax Items and Rates (Tax Amounts) Table" attached to the "Provisional Regulations of the People's Republic of China on Consumption Tax", tobacco, wine and alcohol, cosmetics, Eleven categories of goods, including skin care and hair care products, precious jewelry and jade, firecrackers and fireworks, gasoline, diesel, automobile tires, motorcycles and cars, are taxable goods under consumption tax. The table also lists the tax rates applicable to each taxable goods, with the highest being 45% and the lowest being 3%. 2. Calculation of taxable price and tax amount
my country adopts the ad valorem pricing method to calculate import consumption tax. The taxable price is composed of the price of imported goods (cost plus shipping premium) (i.e., the duty-paid price) plus the amount of customs duties. my country's consumption tax adopts the tax calculation method of price-in-price. Therefore, the taxable price includes the amount of consumption tax.
The formula for calculating the taxable price of the composition is:
The taxable price of the composition = (dutiable price + tariff amount) ÷ (1 - consumption tax rate)
From The formula for calculating the amount of consumption tax levied by price is:
Amount of tax payable = taxable price × consumption tax rate
(2) Consumption tax levied by quantity
Consumption taxable goods that are levied on a quantitative basis include rice wine, beer, gasoline, and diesel, and are levied at a fixed amount. Rice wine is RMB 240 per ton, beer is RMB 220 per ton, gasoline is RMB 0.2 per liter, and diesel is RMB 0.1 per liter.
The formula for calculating the amount of consumption tax levied on a specific basis is:
Tax payable = unit tax amount × import quantity
Goods that are subject to consumption tax on a specific basis The conversion standard for measurement units is:
1 ton of beer = 988 liters
1 ton of rice wine = 962 liters
1 ton of gasoline = 1,388 liters
1 ton of diesel = 1 176 liters
Example of calculation of consumption tax based on volume:
A company imports 1,000 boxes of beer, 24 cans per box, net weight per can 335ml, the price is CIFUS$10,000, 100 US dollars is converted into RMB 824 yuan. The general tariff rate is 7.5 yuan/liter and the consumption tax rate is 220 yuan/ton.
Quantity of imported beer: 335ml×1 000×24÷1 000ml=8040 liters=8.1377 tons
Tariff amount: 7.5 yuan×8 040=60 300 yuan
< p>Consumption tax amount: 220 yuan × 8.1377 = 1,790.29 yuan.Value-added tax
(1) Tax rate
All VAT taxable goods in my country are levied on an ad valorem basis, and the basic tax rate is 17%, but for Some important materials related to the national economy and people's livelihood have a lower VAT rate of 13%.
The VAT rate for the following types of goods is 13%:
1. Grain, edible oil and vegetable oil;
Petroleum import tax reduced
2. Tap water, heating, air conditioning, hot water, coal gas, liquefied petroleum gas, natural gas, biogas, and coal products for residential use;
3. Books, newspapers, magazines;
4. Feed, chemical fertilizers, pesticides, agricultural machinery, agricultural film;
5. Products such as metallic ores and non-metallic ores (excluding gold powder and forged gold, which are zero-rated);
6. Other goods specified by the State Council.
(2) Calculation of taxable price and tax amount
According to the provisions of the "Provisional Regulations of the People's Republic of China on Value-Added Tax", value-added tax is levied by the tax authorities. VAT is collected by customs. When a taxpayer exports goods, the tax rate is zero. Value-added tax on items brought or mailed into the country for personal use by individuals is levied together with customs duties. The formula for calculating the taxable price of the component is:
The taxable price of the component = the dutiable price + the tariff amount + the consumption tax amount
The formula for calculating the value-added tax amount:
Should Amount of tax = taxable price and Bonded Goods
Import Tariff Reduction
Measures for Collection of Customs Supervision Fees", supervise tax reductions, tax exemptions and bonded goods, and manage the collection of services provided. fee.
(1) Scope of collection
Customs supervision fees are only levied on imported goods with reduced or exempted tariffs and bonded goods. The specific scope is as follows:
1. Supplying fuel, ship (machine) materials, parts, components and other goods of machinery and equipment that are exempted from duty when importing international navigation ships and aircraft;
2. Tax-reduced or tax-free machinery and equipment imported by existing enterprises for technological transformation;
3. Scientific research institutions and colleges and universities import tax-free special equipment for scientific research and teaching;
4. Domestic institutions and enterprises use loans from foreign governments or international financial organizations to import tax-exempted goods;
5. Tax exemptions and exemptions for goods imported by domestic and foreign-invested projects encouraged by the state; tax exemptions and exemptions for materials imported by foreign-funded enterprises for business purposes and imported materials and parts processed for domestic sale;
6. Imported raw materials, materials, auxiliary materials, parts, components and packaging materials that are processed domestically and re-exported after being processed and assembled in the project of imported materials processing and supplied materials processing, as well as those provided by overseas merchants, are allowed to be temporarily tax-free;
7. Imported tax-reduced goods that are bonded or sold on consignment in the country;
8. Other imported tax exemption goods specified by the State Council;
9. Temporary tax exemptions and exemptions for imported goods have been reviewed and approved by the General Administration of Customs or the General Administration of Customs in conjunction with the Ministry of Finance in accordance with the regulations of the State Council.
The following goods with no tax, tax reduction or exemption, or bonded goods are exempted or temporarily exempted from customs supervision fees:
1. The "Import and Export Tariffs" list goods that are imported tax-free;
2. Materials donated free of charge by foreign governments and international organizations;
3. Gifts given by foreign groups and individuals and materials donated for public welfare undertakings by overseas Chinese, Hong Kong, Macao and Taiwan compatriots;
4. Supplies for disaster relief;
5. Oral equipment and items specially used for disabled people, as well as machinery and equipment imported from welfare factories for disabled people;
6. Official supplies imported by foreign institutions enjoying diplomatic privileges and immunities;
7. Imported goods that are damaged before customs release and are subject to tax reduction or exemption;
8. Imported goods that are granted tax reduction or exemption for claiming from abroad;
9. Goods that have not been processed after importation and have been stored in bonded condition for less than 90 days before being transshipped and re-exported;
10. Temporary import of goods;
Import tariff calculation
11. Allow direct military orders to be imported duty-free;
12. Other tax-reduced and bonded goods that have been specifically approved by the State Council and the General Administration of Customs to be exempted from supervision fees.
(2) Collection standards
Customs supervision fees are collected according to the following standards:
1. In the processing of imported materials and processing of supplied materials, the re-export of processed and assembled mechanical and electrical products will be levied at 1.5‰ of the CIF price of the goods approved by the customs;
2. Advanced technology and equipment introduced in the processing of supplied materials, as well as materials and pieces imported for the processing of jewelry, furs, high-end clothing, woven sweaters and sweater pieces, and plastic toys, are levied at 1‰ of the CIF price of the goods approved by the customs; < /p>
3． Goods that are bonded and stored for more than 90 days (inclusive) without processing and then re-exported after importation will be levied at a rate of 1‰ of the dutiable value;
4. Imported duty-free goods are levied at 3‰ of the CIF price of the goods approved by the customs;
5. Imported tax-reduced goods will be levied at 3‰ of the CIF price of the goods for which the tax is actually reduced;
6. Other imported bonded goods are levied at 3‰ of the CIF price of the goods approved by the customs.
(3) Payment deadline and method
According to regulations, the consignee and consignor of imported tax-reduced and bonded goods or their agent is the payer of customs supervision fees. The fee payer shall pay the handling fee to the customs within 7 days from the day after the customs issues the supervision fee payment certificate. If the payment is overdue, the customs, in addition to pursuing the payment in accordance with the law, will also impose a late payment fee of 1‰ of the total handling fee on a daily basis from the date of expiration to the date of payment of the handling fee. The starting point for late payment fees is RMB 50, and fees below RMB 50 are exempt.
Customs supervision fees should be levied by the port customs when the goods are imported. In special circumstances, they can be levied by the competent customs when approving tax exemption goods. After the customs collects the handling fee, it will issue a payment voucher to the payer.
Example of customs supervision fee calculation:
A domestic company imported a batch of materials for the purpose of assembling exported mechanical and electrical products, CIF Shanghai 180,000 RMB, and the bonded storage after import was not completed after 100 days. After processing, transshipment and re-export, how much customs supervision fee should be levied by the customs?
Explanation: The customs stipulates that for goods that are bonded and stored for more than 90 days (including 90 days) without processing and then re-exported, a customs supervision fee will be calculated at 1‰ of the duty-paid value.
The amount of supervision handling fee = CIF price of the goods × handling rate
The customs supervision handling fee for this batch of goods = 180,000 yuan × 1‰ = 180 yuan.
Tariff reduction editor
Import tariff reduction
On March 28, 2012, Premier Wen Jiabao chaired an executive meeting of the State Council to study and strengthen the promotion of foreign trade balance. development policy measures.
The meeting decided to reduce import tariffs on some energy raw materials, reduce import tariffs on some daily necessities closely related to people's lives, and reduce domestically unavailable domestic energy raw materials and strategic emerging industries in the form of tentative tax rates. Import tariffs on key components whose production or performance cannot meet needs. Continue to implement zero-tariff treatment for some goods imported from least developed countries, accelerate the tax reduction process, and further expand the scope of zero-tariff goods. Combined with the free trade zone tax reduction arrangements, companies will be guided to expand imports from free trade zone members.
On December 17, 2012, the Ministry of Finance announced that in order to actively increase imports and meet domestic economic and social development and consumer demand, tariffs on 784 imported goods will be adjusted starting from January 1, 2013. , a provisional annual import tax rate lower than the most-favored-nation tax rate will be imposed on it. Among them, the import tariff rate for special formula infant milk powder was reduced by 75% in 2013, from the original MFN tax rate of 20% to 5%. , reduced by 75%; the tariff on imported soy sauce was reduced from 28% to 15%, and the tariff on basketball, football, volleyball and treadmills was reduced from 12% to 6%, which was also reduced by about 50%.
As proposed by the Customs Tariff Commission of the State Council and submitted to the State Council for approval, China will reduce the import tariff rates on some daily consumer goods such as clothing, shoes, skin care products, and diapers starting from June 1, 2015. The average drop is more than 50%.
In this adjustment, the import tariffs on suits, fur clothing, etc. will be reduced from 14-23% to 7-10%, the import tariffs on short boots, sports shoes, etc. will be reduced from 22-24% to 12%, and the import tariffs on diapers will be reduced. It has been reduced from 7.5% to 2%, and the import tariff of skin care products has been reduced from 5% to 2%. [2]