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    Paying Attention To Customs Import Tax On Overseas Purchases

    2010/7/19 15:55:00 179

    Online Clothing Purchasing

    People who like to buy cosmetics, watches, clothing and other products overseas are paying attention.

    It is reported that, according to the announcement of the Customs General Administration in 2010 concerning matters relating to the management of personal postal articles for entry and exit, starting from September 1st this year, only forty-third yuan (including 50 yuan) of the import tax is allowed to be exempt from taxation. Otherwise, the import tax will be levied in accordance with the law, and the highest starting point is 500 yuan before that.


    It is understood that the vast majority of overseas purchasing is done through online stores, and the seller purchases goods through overseas partners, and then sends them back to their online stores in accordance with formal procedures and channels.

    Reporters yesterday entered "overseas purchasing" on Taobao, and 12361 search results soon appeared. This shows the popularity of overseas purchasing.


    Hundreds of dollars of goods need to be taxed, and the cost of sellers is greatly increased.


    Chongqing Taobao Business Association said that the new policy will make the online purchasing overseas, which is increasingly popular by low price advantage, have to face an awkward situation: raise the selling price, pass the postal tax to the customers, will no longer make the goods lose competitiveness; if the price is not raised, the profits may not be enough to pay taxes.


    "There must be an impact, especially for those big online purchasing sellers."

    Speaking of this, Miss Li affirmed that Taobao was buying Korean goods.

    It is reported that the most commonly used cosmetics for overseas purchasing, for example, was issued by the General Administration of Customs on 2007. "The duty paid price list of entry passengers' luggage and personal postal articles" stipulates that the duty paid price of perfume, latex and foundation is 100 yuan per piece. According to the regulations that the Customs has the highest starting point for the taxation of postal goods at the beginning of 500 yuan, the public needs to send 10 bottles or more before paying taxes.


    By comparison, we will find that according to the new regulations, the amount of tax payable on imported goods is more than 50 yuan.

    At a rate of 50%, a bottle of perfume or emulsion from abroad needs to be taxed.


    Cosmetics, clothing, milk powder, Chongqing People's favorite shopping


    Buying overseas through online sellers is a fashionable shopping method for many young people nowadays.

    According to Taobao Chongqing business alliance, Chongqing's favorite products are cosmetics, clothing and milk powder.


    "This store buys and sells cosmetics in Hongkong or abroad, quality assurance, with small ticket..."

    Visits to eBay, Taobao and other large shopping websites, such cosmetics more and more purchasing placard.

    "Cosmetics on the other side of Hongkong are much cheaper than mainland China, even if purchasing fees are still cost-effective."

    Many consumers interviewed told reporters.

    It is understood that the price of cosmetics in Hongkong is generally about 30% cheaper than that in the mainland.

    Cosmetics such as Lancome and Guerlain are popular products on the Internet.


    Taobao official told us that with the appreciation of the renminbi, sellers began to increase in the second half of 2008. The number of purchasing agents on Taobao websites has exceeded 1 million.

    In addition to cosmetics, clothing and milk products, some Korean and European and American celebrities endorsed products are also very popular with purchasing families.


    Purchasing case


    Helping people buy Hong Kong goods for two thousand or three thousand yuan


    Miss Liu, who works in a foreign trade company, is a seller who has been involved in online shopping in the city earlier. Now, apart from normal working income, the online shopping mall can bring her two thousand or three thousand yuan per month.


    Liu Xiaojie said she often needed to travel to Hongkong because of her working relationship.

    Every time I go to Hongkong, many relatives and friends carry her cosmetics, milk powder and other items.

    Later, she simply registered a shop on the Internet, specializing in purchasing goods from Hongkong, charging 15% of the purchase charge for each order.

    Because most of the purchases are high-end goods, each order is around 2000 yuan, and it can receive 10-20 orders a month, excluding freight and traffic fares. It still has a monthly income of two thousand or three thousand yuan.

    According to incomplete statistics, there are thousands of people engaged in purchasing jobs online. This number is increasing exponentially.


    Purchasing suggestion


    Purchasing luxury goods and paying attention to inventory


    Baidu has a senior Chongqing seller, Mr. Liu said that overseas purchasing is now relatively common, especially the need to pay attention to the purchase of some large luxury goods.

    Take LV as an example, although the purchase price will be cheaper, it will not be 50% cheaper than the domestic price.


    Besides, purchasing luxury goods should pay special attention to store inventory.

    Limited products like LV need to be registered when they buy in Europe, and they are not allowed to buy too many products per year. If there are 80 or so stores in store, there must be some problems.

    Some big luxury goods may be bought in Hongkong, but no matter where they are bought, they should ask the shopkeepers to produce corresponding bills.


    Finally, although online shopping and cosmetics are much cheaper than the mainland, buyers should try to choose sellers with high reputation and high praise rate, so as not to buy fake products.


     
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