in-transit trade payment can be omitted? Find out the truth!
해결됨
Our company is recently involved in in-transit trade business, and we would like to consult, is it okay to not pay for in-transit trade? In the process of operation, we encountered cash flow problems, so we are considering whether it is possible to not pay. I don’t know what impact this operation will have on policies and actual business? Will there be legal risks or other troubles? I would like to ask friends who understand to help answer, thank you!
무역 전문가 인사이트 답변
Richard Wu근무 연수：8고객 평점：5.0
글로벌 무역 운영 전문가채팅 시작
In-transit trade payment is generally not allowed. In-transit trade is essentially the resale of goods in a third country, involving cross-border capital flows. From the perspective of foreign exchange management policies, there are clear regulations on foreign exchange management for goods trade, and enterprises should follow the principle of "who exports, who collects, who imports, who pays." If payment is not made, it may be deemed a violation by the foreign exchange management department and face penalties.
From a commercial perspective, not paying will damage the cooperative relationship with suppliers, affect the company’s reputation, and subsequent cooperation may be hindered. Moreover, customs and other departments may trigger investigations during supervision if they find that the capital flow does not match the goods flow.
However, if payment cannot be made on time due to special reasons, timely communication and negotiation of solutions with suppliers should be carried out, and at the same time, the situation should be reported to the foreign exchange management department to seek legal and compliant treatment methods and avoid adverse consequences.
Linda Guo근무 연수：3고객 평점：5.0
무역 분쟁 중재인채팅 시작
The risk of not paying is very high, and it will make the cooperating party feel that you have no integrity, and you may not be able to do business in the future. Moreover, if customs investigates and finds that the goods and funds do not match, the trouble will be big, so it is better to pay according to the rules.
Olivia Liu근무 연수：6고객 평점：5.0
외환 리스크 매니저채팅 시작
Not paying is not allowed, and foreign exchange management is very strict. Once investigated, not only will the company be fined, but the relevant responsible persons may also be held accountable. Don’t lose sight of the big picture, and find ways to solve cash flow problems is the right way.
Emma Zhao근무 연수：3고객 평점：5.0
수출 문서 전문가채팅 시작
In-transit trade without payment may also cause problems in terms of taxation, which may affect export tax rebates and other businesses, and will disrupt the company’s financial and business order as a whole. Do not try it lightly.
Michael Zhang근무 연수：10고객 평점：5.0
통관 전문가채팅 시작
Of course not, not paying will make the entire trade process incomplete, and the bank’s fund records will not match, which will bring a lot of trouble for subsequent settlement. It is better to pay honestly.
Anthony Luo근무 연수：10고객 평점：5.0
무역 컴플라이언스 전문가채팅 시작
Not paying is not in compliance with international trade norms and will leave a bad reputation in the industry. In the future, when cooperating with other partners, if they inquire, they may be unwilling to cooperate with you.
Robert Tan근무 연수：5고객 평점：5.0
국제 시장 개발 어드바이저채팅 시작
From a financial audit perspective, not paying will cause confusion in the accounts, which will be difficult to explain clearly during the audit and will bring challenges to the company’s financial compliance. It is better to pay normally.
Kevin Huang근무 연수：3고객 평점：5.0
전자상거래 수출 어드바이저채팅 시작
Not paying will lead to the disconnection of logistics and capital flow. Once problems occur in the supply chain, it will be more difficult to solve, and it may also trigger a chain reaction, affecting the entire trade chain.
Sophia Wang근무 연수：6고객 평점：5.0
국제 물류 코디네이터채팅 시작
In-transit trade without payment is like driving without obeying traffic rules, and accidents will happen sooner or later. For the long-term stable development of the company, it is better to pay according to regulations.
David Chen근무 연수：10고객 평점：5.0
무역 컴플라이언스 어드바이저채팅 시작
Not paying may be considered suspicious of money laundering or other illegal activities, which will attract high attention from regulatory authorities, and it will be troublesome to investigate at that time.