The goods import agent is required to pay taxes. Importing goods generally involves customs duties, value-added tax, and some goods may also have consumption tax.
Customs Duty: Its tax rate varies depending on the HS code (commodity code) of the goods. The applicable customs duty rate for goods originating from different countries or regions may also be different, such as the most-favored-nation tariff rate, the preferential tariff rate under an agreement, etc. For example, the customs duty rate for ordinary daily necessities may be around 0 - 20%.
Value-added Tax: Generally 13%, but there are also cases of 9%, such as for agricultural products.
Consumption Tax: Levied on some specific consumer goods, such as tobacco, alcohol, cosmetics, etc., with a wide range of tax rates, from a few percent to dozens of percent. When calculating the tax amount, Customs Duty = Dutiable Value × Customs Duty Rate; Value-added Tax = (Dutiable Value + Customs Duty Amount) × Value-added Tax Rate (if there is consumption tax, it also needs to be considered). In short, to accurately know the tax amount, information such as the specific category of the goods and the country of origin needs to be clarified.
Professional consultant answers
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
The goods import agent is required to pay taxes. Importing goods generally involves customs duties, value-added tax, and some goods may also have consumption tax.
Customs Duty: Its tax rate varies depending on the HS code (commodity code) of the goods. The applicable customs duty rate for goods originating from different countries or regions may also be different, such as the most-favored-nation tariff rate, the preferential tariff rate under an agreement, etc. For example, the customs duty rate for ordinary daily necessities may be around 0 - 20%.
Value-added Tax: Generally 13%, but there are also cases of 9%, such as for agricultural products.
Consumption Tax: Levied on some specific consumer goods, such as tobacco, alcohol, cosmetics, etc., with a wide range of tax rates, from a few percent to dozens of percent. When calculating the tax amount, Customs Duty = Dutiable Value × Customs Duty Rate; Value-added Tax = (Dutiable Value + Customs Duty Amount) × Value-added Tax Rate (if there is consumption tax, it also needs to be considered). In short, to accurately know the tax amount, information such as the specific category of the goods and the country of origin needs to be clarified.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Tax payment for import agents depends on the specific category of the goods. For example, for electronic products, the customs duty may be relatively high, and basically all electronic products need to pay value-added tax.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Tax payment is definitely required. The specific amount really depends on the situation of the goods. Agency companies like Zhongshitong usually know the tax rates of various goods clearly. You can ask them to get a more accurate understanding.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Besides customs duties and value-added tax, not all goods have consumption tax. It is only levied on specific consumer goods. So it is necessary to first determine whether the imported goods fall within the scope of consumption tax collection.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
The tax amount is also related to the dutiable value. This value is not randomly determined. The customs has specific verification rules.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Different trade methods also have an impact on tax payment. For example, there are differences in tax payment between general trade and processing trade.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
The preferential tariff rate under an agreement can offer significant customs duty discounts for some goods. If the country of origin of the goods has a relevant agreement with us, it can enjoy a low customs duty.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Import agents need to pay attention to changes in customs policies. Sometimes the tax rates will be adjusted, which has a significant impact on the tax amount.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Whether the information such as the name and specifications of the declared goods is accurate or not will also affect the tax calculation. It must be declared truthfully.