Customs duty
is a basic tax levied by the Customs at the import stage of goods.
The formula for calculating tariffs is: Import Tariff = Duty Paid Price (CIF price of the contract) x Tariff Rate
Product Tax, Value Added Tax (VAT), Industrial and Commercial Harmonized Tax (ICAT), and Local Surcharges (LST): are all taxes levied by the Customs at the import stage of the goods.
Product tax, value-added tax and industrial and commercial unified tax 3 kinds of tax calculation method:
Duty-paid price = (cif + tariff) / (1 - tax rate)
Taxable amount = duty-paid price × tax rate
Import regulation tax:
It is the tax on the national restriction of imported goods or other reasons. The formula is: import adjustment tax = CIF price × import adjustment tax rate
Vehicle purchase surcharge:
Imported buses, minibuses, general-purpose goods vehicles, cross-country vehicles, passenger and cargo vehicles, motorcycles, tractor trailers, semi-trailer trucks, and other transport vehicles, by the Customs and Excise Department on behalf of the purchase of vehicle surcharges, the rate is 15%. The formula is: billing combination price = CIF + customs duty + VAT Vehicle purchase surcharge = billing combination price × 15%