1. How to determine the customs value of import and export goods?
1, the customs value of import and export goods is generally determined by the customs on the basis of the transaction price of the goods. If the transaction price is uncertain, it shall be assessed and determined by the customs according to law.
2. Duty-paid value refers to the price at which the customs levies duties on import and export goods.
People's Republic of China (PRC) Customs Law
Article 55 The customs value of import and export goods shall be determined by the customs on the basis of the transaction price of the goods. When the transaction price cannot be determined, the customs value shall be assessed by the customs according to law.
The customs value of imported goods includes the price of the goods, the transportation before the goods arrive in People's Republic of China (PRC) and the place of import, and its related expenses and insurance premiums; The customs value of export goods includes the price of the goods, the transportation before the goods arrive in People's Republic of China (PRC) and the export place, and the related expenses and insurance premiums, but the export duties and taxes contained therein shall be deducted.
The dutiable value of inbound and outbound articles shall be determined by the customs according to law.
2. What are the classifications of customs value?
1. If the machinery, instruments, means of transport or other goods shipped overseas for repair have been declared to the customs when leaving the country and re-transported into the country within the time limit stipulated by the customs, the repair fee and material fee approved by the customs shall be regarded as the customs value.
2. If the goods shipped abroad for processing have been declared to the customs upon exit and re-transported into the country within the time limit stipulated by the customs, the difference between the CIF price of the processed goods at entry and the CIF price of the original goods at exit or the CIF price of the same or similar goods at entry shall be regarded as the dutiable price.
3. For the goods imported by lease (including lease), the customs value shall be the rent of the goods approved by the customs.
4. The duty-paid price of imported goods shall include the expenses of patents, trademarks, copyrights, know-how, computer software and materials related to the imported goods paid overseas for the purpose of manufacturing, using, publishing or distributing the imported goods in China.
5. The dutiable price of export goods is the FOB price of the goods sold abroad approved by the customs, after deducting export duties. When the FOB price cannot be determined, the customs value shall be assessed by the customs. The consignee or consignor of import and export goods or his agent shall truthfully declare the transaction price of import and export goods to the customs. If the declared transaction price is obviously lower or higher than the transaction price of the same or similar goods, the customs shall determine the customs value in accordance with the provisions.
6. When the consignor or agent of import and export goods submits the customs declaration form for import and export goods, it shall submit invoices (if any, the manufacturer's invoices shall be attached), packing lists and other relevant documents indicating the real price, expenses, insurance premiums and other expenses of the goods. The documents listed in the preceding paragraph shall be signed and sealed by the consignee, consignor or his agent of import and export goods to prove their correctness.
7. When the customs examines the customs value of imported and exported goods, the consignor or his agent shall submit invoices and other documents; When necessary, the customs may consult the relevant contracts, account books, bills and documents of the buyers and sellers, or conduct other investigations. For the goods that have been released after tax payment, the customs can still inquire about the above-mentioned relevant information of the goods.
According to the above analysis, according to the Customs Law of People's Republic of China (PRC), the customs value of import and export goods is determined by the customs on the basis of the transaction price of the goods. When the transaction price cannot be determined, the customs value shall be assessed by the customs according to law, including the customs value, the price of goods, transportation expenses and insurance expenses.