Our company intends to find an agent to import a batch of goods. We have no previous experience in agency import and don't know exactly what taxes to pay. I would like to ask everyone, what taxes are generally paid for agency import? Is it the agent or our principal who pays the taxes? I hope some experts can help answer in detail. Thank you very much!
The company plans to import mechanical equipment. Due to its unfamiliarity with the import process, it is considering finding an agent. It asks how the agency import of mechanical equipment is, and what are the advantages, disadvantages and risks. The best answer states that agency import has advantages such as being familiar with the process, having rich resources and providing professional services. However, there is a risk of choosing an unregulated agent. It emphasizes that choosing the right agent, clarifying rights and obligations, and signing a detailed contract make agency import a good choice.
I want to know the agency import customs clearance costs for 500 kilograms of ordinary electronic products with a value of $50,000 imported from the United States. The best answer states that the cost composition is complex. The agency fee is about 1%-3% of the goods value, the customs declaration fee is 300 - 800 yuan, there are tariffs, value-added tax, and port miscellaneous fees, etc. The overall cost ranges from several thousand yuan to tens of thousands of dollars, depending on the specific product and transportation situation.
Looking for an agency to import barite and concerned about the customs clearance time, as it may affect subsequent production schedules. The best answer indicates that under normal circumstances, with complete documentation and smooth customs inspection, clearance can be completed in 3 - 7 working days. The time is influenced by factors such as declaration documents, customs inspection, port congestion, etc. A professional agency can help shorten the time.
I want to know about the agency import customs clearance fees for nylon plastics. I have never been in contact with import customs clearance before and have no idea about the cost calculation standards and the impact of trade terms. The best answer points out that the agency import customs clearance fees for nylon plastics are affected by factors such as the cargo value, import volume, trade terms, and port miscellaneous fees. The tariff is about 6.5% and the VAT is 13%. The agency customs clearance service fee of Zhongshitong is roughly 2000 - 5000 yuan. The accurate cost needs to be calculated based on the actual situation.
If you want to import a blow molding machine through an agent, you may want to know approximately how much the agency import costs are and how to calculate them. The best answer is that the agency import costs of blow molding machines are not fixed. The agency fee is generally 1%-3% of the cargo value. Import taxes include a 5%-12% customs duty and a 13% VAT. The transportation fee is determined according to the weight, volume, and distance. There are also miscellaneous fees such as terminal and warehousing fees. It is necessary to accurately calculate based on the equipment parameters and import plan.
I'd like to know who is responsible for the tax refund in agency import and export tax refund business. I said that our company plans to find an agency to handle this business, but I'm not clear about the tax refund subject, special regulations and division of responsibilities. The best answer pointed out that generally, the consignor is the tax refund subject, because the consignor is the actual exporter and seller of the goods. The consignor needs to provide complete tax refund materials. If there are problems with the tax refund, the responsibilities will be divided according to the specific situation, and both parties should clearly define the responsibilities in the agreement.
Full escort of the import route, easy access to the global supply chain
Export agent experts, help you easily expand the international market
Avoid tariff barriers, full process transit plan customization
Export tax refund full agency, compliant and efficient fast arrival
International settlement solutions, ensure the safe arrival of funds
A key foreign trade import and export enterprise, with more than 20 years of import and export agency experience, providing one-stop service throughout the entire process!
Professional consultant answers
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Agency import generally involves customs duties, value-added tax, and some goods may also have consumption tax.
Customs duty is a tax levied on imported and exported goods. Its rate is determined according to factors such as the HS code of the goods and the country of origin, and the dutiable value is usually based on the CIF price.
For value-added tax, the general tax rate is 13%, and special goods may have different tax rates. Its tax base is the customs dutiable value plus the customs duty amount. If consumption tax is involved, the consumption tax amount also needs to be added.
Consumption tax is levied on specific consumer goods, such as tobacco, alcohol, cosmetics, etc. The calculation methods include ad valorem rate and specific volume rate, etc.
As for the tax payer, in agency import, the tax obligor is generally the principal. In actual operation, it can be paid on behalf of the principal by the agent, and the specific implementation is in accordance with the agency agreement between the two parties.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
In addition to the taxes mentioned above, sometimes surcharges may also be involved, such as urban maintenance and construction tax, education surcharge, etc. These are calculated based on the amount of value-added tax and consumption tax. However, if the imported goods pay value-added tax and consumption tax at the customs link and meet the regulations, generally this part of the surcharges can be exempted in the domestic sales link.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
It should be noted that the tax rates of different goods vary greatly. For example, some equipment that the country encourages to import may have customs duty preferences or even be tax-free. While for luxury goods, the consumption tax may be very high. Be sure to determine the HS code of the goods before import, so that the corresponding tax rate can be accurately checked.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
If the imported goods are agricultural products, some have special value-added tax policies. For example, a lower deduction rate may be applied to calculate the input tax amount. In addition, there are many customs duty exemption policies. For example, if it meets the conditions of specific uses, specific enterprises, etc., there may be exemptions. The specific policies need to be checked.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
For consumption tax, if it is calculated by ad valorem rate, the tax payable = sales amount × proportional tax rate; if it is calculated by specific volume rate, the tax payable = sales quantity × specific tax rate. The calculation is not complicated. The key is to determine the sales amount and sales quantity.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Regarding the tax payer, even if the agent pays on behalf of the principal, the cost is ultimately borne by the principal. Therefore, the principal should calculate these taxes and fees clearly in the budget to avoid subsequent cost disputes.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
The value-added tax collected on behalf of the customs in the import link, after obtaining the special payment letter of customs import value-added tax, if the principal meets the conditions, it can be deducted as input tax amount, which has a great impact on the tax burden of the enterprise.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Some imported goods may involve anti-dumping duties and countervailing duties. This is mainly for some specific goods from specific countries, which are levied due to dumping or subsidy behaviors. Specific announcements need to be paid attention to.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
If the imported goods are used for specific projects, such as scientific research, charity, etc., they may enjoy tax exemption and preferential policies. But the procedures are relatively cumbersome, and relevant supporting materials need to be prepared in advance.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
When calculating customs duties, the CIF price includes the cost of goods, insurance premiums, and freight. The freight and insurance premiums should be determined according to the actual amount incurred. If it cannot be determined, the customs will estimate it according to a certain proportion.