Same as wine, China imposes also three types of taxes on import spirits, i.e. import custom duty, excise tax and value-added tax, except in different rates. The rate to each of them is 10% (wine and spirits with more than 20% alcohol content by volume), 20% and 17% respectively. The calculation methodology is listed below: Custom duty = CIF (or C&F) price x 10% Excise tax = [ (CIF + Custom Duty ) / (1 – 20%) ] x 20% + Nett multiplier * Value-Added Tax

Australia, following Chile and New Zealand, was the third major wine producing country signed the bi-lateral Free Trade Agreement (FTA) with China last June and the Agreement was effective 1 December, 2015. Australian wine would enjoy a cut of 2.8% on custom duty each year and will become zero rate import duty in 5 years (2019). The custom duty to Australian wine will be 8.4% (2016), 5.6% (2017), 2.8% (2018) in the next few years. China has entered FTAs with Chile and New Ze

China imposes three types of taxes on import wine, i.e. import custom duty, excise tax and value-added tax. The rate to each of them is 14%* (wine with 20% or lower alcohol content by volume), 10% and 17% respectively. The calculation methodology is listed below: Custom duty ** = CIF (or C&F) price x 14% Excise tax = [ (CIF + Custom Duty ) / (1 – 10%) ] x 10% Value-Added Tax = { CIF + Custom Duty + Excise Tax } x 17% The total aggregate tax to an imported wi