How much tariff do I need to pay to buy a HP computer in Hong Kong worth HK$15,988 back in mainland China?

According to China's WTO accession commitments, tariffs on imported laptops have been reduced to zero since 2002 from 15 percent the year before. See [url]/jjbxs/news/323.shtml[/url]

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It seems that your deduction is very much in line with the current national situation ^-^, according to the most freshly released tax rate for taxing personal effects on entry into the country, the import tariff for computers and their peripherals is indeed 20%.

The following information is for your reference:

The tax on inbound personal articles will be adjusted on Aug. 1, with a tax increase for high-grade consumer goods

Aug. 08, 2007 10:43:45 Caixin.com

From Aug. 1 onwards, there will be a change in the tax for individuals carrying articles purchased outside China, with the tax on high-grade consumer goods, such as cosmetics, being adjusted, and the tax rate for the public in Hong Kong or abroad will be raised, and the public will also be required to buy electronic products, such as MP3s, in Hong Kong or abroad. Buy MP3 and other electronic products into the country also have to pay taxes.

Cosmetics from 10% to 50%

Reporters yesterday from Guangzhou Customs was informed that from August 1, the Customs and Excise Department to implement a new version of the "Inbound Passenger Baggage Articles and Personal Postal Articles Import Duty Tax Tax Classification Table" and "Inbound Passenger Baggage Articles and Personal Postal Articles Duty Paid Price Table".

The new Table of Tax Classification adjusts the tax rate from three levels to four levels (i.e. 10%, 20%, 30% and 50%). The single items with the largest adjustment are all high-grade consumer goods, such as the tax rate of cosmetics increased from 10% to 50%; the tax rate of golf balls and golf equipment increased from 10% to 30%; and the tax rate of high-grade watches (with duty-paid price of RMB 10,000 yuan and above) increased from 20% to 30%.

Buying MP3 inbound will also be subject to tax

The new Duty-Paid Price List covers a wider range of items than before, with the addition of personal digital assistants (PDAs), MP3 players, MP4 players and other new electronic products. And in 2002, MP4 and other new high-tech products are still relatively rare, the then-validated price inside there is no specific indication.

The new provisions of some of the previous not clearly marked audited price of goods to improve, such as cordyceps and other commodities duty-paid price by the previous "unclear" adjusted to 50,000 yuan today, with clear provisions, customs clearance efficiency will be improved accordingly.

Tariffs on home appliances and digital products were reduced

The new validated prices were adjusted and improved according to the price changes of commodities in the market in recent years, which tends to be more rationalized. In the new finalized prices, the finalized prices of tobacco and its products were adjusted upward, while the finalized prices of household appliances and digital products were generally adjusted downward.

The new provisions of the duty-paid price of cigarettes from the original $ 0.4 per stick up to $ 0.5 per stick, the import tax rate remains the original 50%. A 200 specification cigarettes, customs duty-paid price rose from 80 yuan to 100 yuan, the corresponding payment of import duties from 40 yuan to 50 yuan.

The finalized prices of home appliances and digital products have generally been lowered, and the public can pay less tax for bringing such goods into the country. Such as desktop computers used in the LCD monitor, from the original "17 inches below 3,000 yuan" adjusted to "19 inches below 1,000 yuan". According to reports, this is because China's production of such products has been part of the advantage of a moderate relaxation of incentives for the relevant domestic industries, but also with China's WTO accession commitments.

Guangzhou Customs reminds: When the total value of the goods purchased outside the country carried by inbound travelers more than 5,000 yuan or duty-free limit, be sure to declare to the Customs truthfully, such as not declared or declared inaccurately will be punished in accordance with the provisions of the law. (Ling Huishan Huang Weide Zhou Weiliang)

● Items subject to 10% tax rate

Food, beverages, shoes and boots, medical, health and beauty equipment, kitchen and bathroom appliances, furniture, musical instruments, some sporting goods, etc.

● Items subject to 20% tax rate

Textile raw materials and their finished products, photographic camera equipment and its fittings, audio-visual appliances and their fittings, computers and their peripheral equipment. accessories, computers and their peripherals, bicycles, tricycles and their accessories, televisions and their accessories, etc.

●Items subject to a 30% tax rate

Golf balls and equipment, high-end watches

●Items subject to a 50% tax rate

Cosmetic products, alcoholic beverages, and tobacco