What are the Import Custom Duty and Other Taxes on Spirits ?
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
Australian Wine Benefits Lower Import Duty to China under FTA
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
What are the Import Custom Duty and Other Taxes on Wine ?
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
{"items":["5df0738df4b6e20017358e67","5df0738de154270017202801","5df0738d333b440017ee6d7e"],"styles":{"galleryType":"Columns","groupSize":1,"showArrows":true,"cubeImages":true,"cubeType":"fill","cubeRatio":1.3333333333333333,"isVertical":true,"gallerySize":30,"collageAmount":0,"collageDensity":0,"groupTypes":"1","oneRow":false,"imageMargin":35,"galleryMargin":0,"scatter":0,"rotatingScatter":"","chooseBestGroup":true,"smartCrop":false,"hasThumbnails":false,"enableScroll":true,"isGrid":true,"isSlider":false,"isColumns":false,"isSlideshow":false,"cropOnlyFill":false,"fixedColumns":1,"enableInfiniteScroll":true,"isRTL":false,"minItemSize":50,"rotatingGroupTypes":"","rotatingCropRatios":"","columnWidths":"","gallerySliderImageRatio":1.7777777777777777,"numberOfImagesPerRow":1,"numberOfImagesPerCol":1,"groupsPerStrip":0,"borderRadius":0,"boxShadow":0,"gridStyle":1,"mobilePanorama":false,"placeGroupsLtr":true,"viewMode":"preview","thumbnailSpacings":4,"galleryThumbnailsAlignment":"bottom","isMasonry":false,"isAutoSlideshow":false,"slideshowLoop":false,"autoSlideshowInterval":4,"bottomInfoHeight":0,"titlePlacement":"SHOW_ON_THE_RIGHT","galleryTextAlign":"center","scrollSnap":false,"itemClick":"nothing","fullscreen":true,"videoPlay":"hover","scrollAnimation":"NO_EFFECT","slideAnimation":"SCROLL","scrollDirection":0,"scrollDuration":400,"overlayAnimation":"FADE_IN","arrowsPosition":0,"arrowsSize":23,"watermarkOpacity":40,"watermarkSize":40,"useWatermark":true,"watermarkDock":{"top":"auto","left":"auto","right":0,"bottom":0,"transform":"translate3d(0,0,0)"},"loadMoreAmount":"all","defaultShowInfoExpand":1,"allowLinkExpand":true,"expandInfoPosition":0,"allowFullscreenExpand":true,"fullscreenLoop":false,"galleryAlignExpand":"left","addToCartBorderWidth":1,"addToCartButtonText":"","slideshowInfoSize":200,"playButtonForAutoSlideShow":false,"allowSlideshowCounter":false,"hoveringBehaviour":"NEVER_SHOW","thumbnailSize":120,"magicLayoutSeed":1,"imageHoverAnimation":"NO_EFFECT","imagePlacementAnimation":"NO_EFFECT","calculateTextBoxWidthMode":"PERCENT","textBoxHeight":0,"textBoxWidth":200,"textBoxWidthPercent":50,"textImageSpace":10,"textBoxBorderRadius":0,"textBoxBorderWidth":0,"loadMoreButtonText":"","loadMoreButtonBorderWidth":1,"loadMoreButtonBorderRadius":0,"imageInfoType":"ATTACHED_BACKGROUND","itemBorderWidth":0,"itemBorderRadius":0,"itemEnableShadow":false,"itemShadowBlur":20,"itemShadowDirection":135,"itemShadowSize":10,"imageLoadingMode":"BLUR","expandAnimation":"NO_EFFECT","imageQuality":90,"usmToggle":false,"usm_a":0,"usm_r":0,"usm_t":0,"videoSound":false,"videoSpeed":"1","videoLoop":true,"jsonStyleParams":"","gallerySizeType":"px","gallerySizePx":679,"allowTitle":true,"allowContextMenu":true,"textsHorizontalPadding":-30,"itemBorderColor":{"themeName":"color_15","value":"rgba(33,34,35,1)"},"showVideoPlayButton":true,"galleryLayout":2,"targetItemSize":679,"selectedLayout":"2|bottom|1|fill|true|0|true","layoutsVersion":2,"selectedLayoutV2":2,"isSlideshowFont":false,"externalInfoHeight":0,"externalInfoWidth":0.5},"container":{"width":679,"galleryWidth":714,"galleryHeight":0,"scrollBase":0,"height":null}}