A company imported goods through an agent and does not know how to make deductions. They want to understand the relevant procedures, precautions, required documents, and deduction tax rates. The best answer suggests that a legal and valid Customs Import Value-Added Tax Special Payment Voucher is required. If the payment voucher has double headings, the principal can directly deduct it. General VAT taxpayers importing goods for taxable items need to select and confirm on the platform. After audit and verification, they can declare for deduction, applying the corresponding tax rate based on the item category. It is also important to retain relevant documents.
What are the procedures and key points for paying customs duties through an agent for imported goods?
Resolved
Our company plans to engage an agent to import a batch of goods. We have always imported goods ourselves before and are not very clear about how customs duties are paid through an agent. We would like to understand the specific operational procedures for paying customs duties through an agent and whether there are any differences compared to paying customs duties for independent imports. Additionally, what are the key points to pay special attention to during the customs duty payment process to avoid unnecessary trouble?
Trade Expert Insights Answers
Kevin HuangYears of service：3Customer Rating：5.0
E-Commerce Export AdvisorStart a Chat
For paying customs duties through an agent for imported goods, first, the principal must sign a detailed agency import agreement with the agent, clarifying the rights and obligations of both parties regarding customs duty payment and other matters.
Then, the agent will typically prepare customs declaration documents according to the imported goods and customs regulations, such as commercial invoices, packing lists, bills of lading, etc., and submit them to customs for declaration. Customs will review the declared documents, determine the applicable tariff rate based on the classification of the goods, and calculate the amount of customs duty payable.
After the agent receives the tax payment notice issued by customs, there are generally two payment methods: first, direct payment through the electronic payment system; second, payment at the counter of a designated bank. After the tax is paid, customs will release the goods.
Compared to independent import, agency import involves an additional step of entrusting an agent, and attention should be paid to the terms of the agreement. In terms of key points, the declaration information must be accurate, otherwise penalties may be incurred; at the same time, attention should be paid to the customs clearance status of the goods and the deadline for customs duty payment to avoid overdue late payment fees.
Thomas LiYears of service：7Customer Rating：5.0
Import Licensing AdvisorStart a Chat
When paying customs duties through an agent, remember to ask the agent for proof of customs duty payment for subsequent financial processing. If there are special circumstances such as duty reductions or exemptions, relevant supporting documents should be prepared in advance and given to the agent for submission to customs during the declaration.
Linda GuoYears of service：3Customer Rating：5.0
Trade Dispute MediatorStart a Chat
Pay attention to the basis for calculating customs duties in agency imports, which is generally based on the dutiable value of the goods. The determination of the dutiable value can sometimes be complex, and costs such as freight and insurance may be included. If you have questions about the dutiable value, you can ask the agent to communicate and explain with customs.
Robert TanYears of service：5Customer Rating：5.0
International Market Development AdvisorStart a Chat
It is best to clarify in the agency import agreement how responsibilities are divided if customs duties are adjusted due to policy changes. In addition, during customs inspection of goods, the agent must cooperate to ensure the smooth progress of the inspection, otherwise it will affect customs duty payment and goods release.
Emma ZhaoYears of service：3Customer Rating：5.0
Export Documentation SpecialistStart a Chat
When choosing an agent, assess their experience and reputation in customs duty payment. Some agents may encounter problems with customs duty payment due to unskillful operations. You can ask the agent to provide past cases of customs duty payment.
Anthony LuoYears of service：10Customer Rating：5.0
Trade Compliance ExpertStart a Chat
After paying customs duties, do not forget to properly store all relevant invoices and receipts. These documents may be needed later for customs re-examination or for the enterprise's own financial audit.
David ChenYears of service：10Customer Rating：5.0
Trade Compliance AdvisorStart a Chat
During the agency import process, if the goods are identified by customs as infringing or other special circumstances, the customs duty payment will be handled differently. In this case, the agent and the principal should jointly respond and handle the matter according to customs requirements.
Olivia LiuYears of service：6Customer Rating：5.0
Foreign Exchange Risk ManagerStart a Chat
For some specific commodities, additional customs duties such as anti-dumping duties may also be involved. The agent should inform the principal in advance to avoid disputes over fees later.
Richard WuYears of service：8Customer Rating：5.0
Global Trade Operations ExpertStart a Chat
Pay attention to the timeliness of customs duty policies. The agent must keep abreast of the latest policies to accurately declare and pay customs duties. If there is an overpayment or underpayment of customs duties due to unfamiliarity with policies, it will cause trouble.