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Delivered Duty Unpaid For You Imports From China
Delivered Duty Unpaid For You Imports From China
If you buy direct from China, you are importing from China. You're importing even if you're ordering a single item from a Chinese EBay seller or getting a sample of any product from a Chinese company. Every country in the world has some rules about importing, and here are the key basic facts:
* There are certain types of goods which you are not allowed to import.
* In some situations you will have to pay tax on your imports.
* In some situations there will be no need to pay tax.
The import tax systems in your country are probably not simple to understand. The rates probably vary for different items and conditions from 0% up to 50% or even more, so you NEED to find out this information before you send any supplier your money.
It is important that you research on you country's import tax system. However, general these are some considerations:
* The type / classification of the goods
* The value and/or quantity of the goods
* In some situations the way in which the goods are packed and delivered
* The mode of sending, i.e. who is sending the goods and who is receiving. E.g. a company receiving commercial merchandise from a company may have to pay tax, whereas an individual receiving a gift from another individual may not have to.
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Every country has different rules and systems. And to add to the difficulty, the rules are not always enforced in a consistent way. For example, in some countries you could import a package and pay no tax at all, and then the next week import exactly the same order, and suddenly have to pay a lot of tax. This may be because the customs office only performs random checks or hasn't got the resources to inspect everything closely.
Some Import Tax Vocabulary You Should Know before You Start Importing Goods From China:
* Duty - Tax charged on imported merchandise (and sometimes services). It means the same thing as 'import tax', although when people talk about import taxes they may also be including sales tax.
* Excise - A tax on certain goods. Typically it refers to a special tax on a category or type of goods that is levied inside a country.
* Specific Tax / Specific Duty - A fixed tax for a fixed item or group of items of imported goods, regardless of the value of the goods.
* Ad valorem Tax - A tax calculated as a percentage of the total value of the goods. This is the usual way most import taxes are calculated.
* Tariff - Means a charge. The word can be used to mean the same thing as 'duty' and also can be used to refer to a list of charges and how they are calculated, e.g. 'The UK Tariff' is a large document explaining how to estimate import taxes for particular items coming into the UK.
* Sales Tax / VAT - Tax that you pay whenever purchasing a wide range of goods and services inside your own country. It is calculated as a percentage of the price of the goods or service. However, when importing you may have to pay this tax on the goods as if you were buying it domestically. If you are a business, you get this money back by charging the tax to your customers.
* Customs Broker - A person or firm licensed by an importer's government and engaged in entering and clearing goods through customs. The responsibilities of a broker include preparing the entry form and filing it; advising the importer on duties to be paid; advancing duties and other costs; and arranging for delivery to the importer.
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