Will there be a customs duty invoice for agency import?
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Our company intends to engage an agent to help import a batch of goods. We would like to know if there will be a customs duty invoice in the case of agency import. If there is, will the invoice be issued to the agency company or to us, the principal? Will this invoice have any impact on some of our company's subsequent business processing? We hope to get a professional's help to answer this, thank you!
Trade Expert Insights Answers
Agency import will involve a customs duty invoice. According to relevant regulations, the customs will issue a customs duty invoice when collecting customs duties. Generally, the invoice will be issued to whoever pays the customs duties. If the agency company pays customs duties on behalf of the principal, the invoice title is usually the agency company; if the principal pays customs duties themselves, the invoice title is the principal.
Regarding the attribution of the invoice, if the agent imports in their own name and pays the taxes, the invoice goes to the agency company, and the agent will then handle it with the principal according to the agreement; if the agent imports in the name of the principal and the taxes are paid by the principal, the invoice goes directly to the principal.
Customs duty invoices are very important for enterprises. They serve as proof of customs duty payment and play a crucial role in financial accounting, tax processing, import cost accounting, and other aspects. For example, they can be used for enterprise cost accounting to determine the final price of products.
Usually, yes. Generally, after customs duties are paid during agency import, the customs will provide an invoice. If you have a relevant agreement with the agent, the invoice will be given according to the agreement. If there is no agreement, it basically goes to whoever pays the tax.
There will be a customs duty invoice. If the agency company handles customs clearance and other processes for you, including paying customs duties on your behalf, the invoice may initially go to the agency. However, as the principal, you have the right to request relevant information about the invoice from the agent, as it concerns import cost accounting.
There will definitely be a customs duty invoice. This invoice is needed for subsequent financial statements and cost accounting. As for whether it is given to the agent or you, it depends on the specific operational mode and the agreement between the two parties.
Agency import involves a customs duty invoice. If your company wants to retain the invoice yourself, you should clearly state this to the agent before entrusting them with the import, otherwise, it may be defaulted to the party who paid the customs duties.
Yes, there will be. Generally, who receives the invoice depends on the actual situation. If the agent pays the customs duties as per your requirements, the invoice may go to the agent, and then you can negotiate the handover.
There will be an invoice. Proper handling of the invoice attribution can be helpful for your subsequent business operations, such as tax rebates, so it is important to communicate about the invoice matters with the agent in advance.
Agency import involves a customs duty invoice, which serves as proof of customs duty payment. Whether it is given to the principal or the agent should be clearly stated in the cooperation agreement to avoid subsequent disputes.
Of course, there will be a customs duty invoice. Whether the invoice is given to the agent or to you, it should be kept properly, as it is crucial for financial and tax processing.
Agency import involves customs duty invoices. The attribution of the invoice is determined by the import operation method and tax payment situation. It is more appropriate to agree on this in advance.