Import Tariffs: A Guide to Exemptions and Tax Standards

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Understand import tariffs, exemptions, and tax standards. Learn which imported goods qualify for tariff reductions or exemptions. Explore key factors affecting import costs.

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Understand import tariffs,exemptions,and tax standards.Learn which imported goods qualify for tariff reductions or exemptions.Explore key factors affecting import costs.

Import Tariffs: A Guide to Exemptions and Tax Standards

Goods Eligible for Tariff Exemption or Reduction

Advertising materials and samples of no commercial value;

Materials donated without compensation by foreign governments or international organizations;

Goods damaged before customs release;

Items within specified limits,etc.

Import Tariff Collection Standards:

For materials imported for processing and processing with supplied materials,where the processed and assembled electromechanical products are re-exported,a levy of 1.5‰ of the CIF value of the goods as determined by customs shall apply;

For advanced technology equipment introduced in processing with supplied materials,as well as raw materials and parts imported for processing jewelry,fur,high-end clothing,knitted sweaters and sweater pieces,and plastic toys,a levy of 1‰ of the CIF value of the goods as determined by customs shall apply;

For goods imported and stored under bond for 90 days or more without processing before re-export,a levy of 1‰ of the dutiable value shall apply;

For duty-free imported goods,a levy of 3‰ of the CIF value of the goods as determined by customs shall apply;

For imported goods with reduced tariffs,a levy of 3‰ of the CIF value of the portion of the goods with reduced tax shall apply;

For other bonded imported goods,a levy of 3‰ of the CIF value of the goods as determined by customs shall apply.

Here is the content of this article titled "Which"Goods Are Eligible for Tariff Reduction or Exemption?For more information,please stay tuned to our website.

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