Calculation of tariffs and other taxes:
Tax = customs value * customs duty
Inventory items
Inventory means that goods are kept in a relatively static state for a certain period of time.
Tax security system:
It refers to a special import commodity that, after entering the country, does not have to pay import duties for the time being because it has not yet been decided to export or export.
The bonded area:
Special areas and warehouses established or registered by the Customs shall be under the control of the Customs. Foreign goods entering the bonded area can be exempted from duty. If they are exported again, they do not have to pay duty, but if they enter the home market, they have to make the corresponding customs declaration and pay import duty. It can be divided into: 1. Designated bonded zone; 2. Bonded warehouse; 3. Bonded warehouse; 4. Bonded factory; 5. Bonded exhibition Hall 5.
Free trade zone, free trade zone,
It means that in addition to the customs, all or most import and export commodities are duty-free, allowing free storage, exhibition, dismantling, refitting, processing and manufacturing in ports or regions, which is conducive to promoting the development of regional economy and foreign trade, and improving tax revenue and foreign exchange income.
