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  • Shanghai & Shenzhen
    Guangzhou & Hongkong
    (Project Center)
    Contacts: Ms Momo
    Tel: (0086) 13509817053
    Mobile: (0086) 15221865538
    Email: momo@seehog.com
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    Website: www.seehog.com
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    Add: Block6,Golden Bridge Building,No.3611,Zhangyang Road,Pudong,Shanghai
    Xiamen Customs Broker
    Xiamen Customs Broker

    How to calculate Xiamen Customs Broker and/or VAT?
    The steps below are a guideline on calculating basic Xiamen Customs Broker and/or VAT.

    1. CONVERT THE VALUE OF YOUR GOODS INTO GB KG
    It sounds easy, but you must ensure that the correct rate of exchange is used.  Each month Xiamen Customs Broker issue exchange rates which they will use to convert currencies.  Therefore, these are the rates that you must also use.

    2. SHIPPING COSTS (DOOR TO DOOR)
    A common mistake when calculating Xiamen Customs Broker and/or VAT is to forget to add ALL the shipping costs connected with you getting your goods.  Again, using the same exchange rates on the Customs Broker Xiamen website, you need to add any and/or all of the following:
    -Collection/Delivery costs from the shipper to the port of export
    -The cost of any specialized packaging
    -Any additional Insurance taken out to cover your goods during transit.

    3. CALCULATING BASIC IMPORT Broker xiamen (if applicable)
    Now that you have got your total value of goods (including all the associated shipping costs) in GB kg, you next need to know what percentage of Duty has been allocated by Xiamen Customs Broker for your particular goods.  
    -Once there, search for your goods under 'description' and enter the 'country of origin'.  This should then allow you to find the commodity code (keep this code as you will need to ensure that your clearing agent uses this on the Customs entry) and the rate of Import Duty that's applicable to your goods.
    -Multiply your total value of goods by the Customs Broker xiamen rate.  This is the approximate amount of Xiamen Customs Broker that you would have to pay to Xiamen Customs Broker

    4. CALCULATING THE VAT (if applicable)
    The rate of VAT in the China currently stands at 17%.  So to calculate the VAT, you need to do the following:
    -Add the amount of Duty (that you have just calculated) to the total value of your goods (including the shipping costs)
    -Add all the China charges, such as Customs Broker xiamen and delivery costs (from port of arrival/Bonded Warehouse through to your door).
    -Multiply this total amount by 17% to give an approximate amount of VAT that you would have to pay to Xiamen Customs Broker

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