What is Chinese import tax
We will begin with the introduction of Chinese import tax first. If you have already known it, you can choose to skip this part.
Before we learn about it, we need to know what tax is and what tariff is.
There are 18 kinds of taxes in China. Among them, two kinds of taxes are levied by the Chinese customs, namely tariff and tonnage tax.
A tariff is a kind of high-level tax which is designated by the highest administrative unit of a country. For a country with developed foreign trade, such as China, the tariff is often the main part of the country’s national finance. The government can impose tariffs on both import and export commodities, and import tax is the most important.
That is, Chinese import tax is one kind of tariffs.
And it is imposed by the Chinese customs on imported goods. It is mandatory. As every country no longer uses transit tariff nowadays, and also, export tax is rarely used, the tariff we call today mainly refers to the import tax.
The subject of the tax is goods allowed to be imported into China, and articles entering China.