If i buy pencil bags in China and mail them to United States what are the tax and procedures i need to follow?
During my trip to China this summer, i saw some very cute and inexpensive pencil bags. I brought two and all my friends like it. So i really want to buy in large quantity(500 or more) and sell to stores in United States and also give to people for gifts. The mailing cost a lot like more than 10 dollars per pound and i am worried about i need to pay really high taxes to make my action legal.
What is the tax for small goods import from China to America, and what are the procedures i need to follow? Thanks!
Duties depend upon the goods imported, the materials they are made from, and the country of origin. You’ll have to contact US Customs for information on the duties. On top of the duties there will be a brokerage fee collected by the customs broker that clears the goods through Customs.
Most of the major shipping companies like UPS, FedEx and the USPS all act as their own broker. If a shipper is used that doesn’t self-broker you’ll have to arrange a broker when the goods arrive in the US. Generally you’ll pay the lowest brokerage fees through the USPS, so see if the seller is willing to ship them by mail.
You can also save a small fortune in shipping charges if you have them shipped via surface instead of air. Delivery times run 6 to 10 weeks for surface mail from China but for non-perishable goods it can be worth it in savings.
October 7th, 2009 at 10:37 pm
Duties depend upon the goods imported, the materials they are made from, and the country of origin. You’ll have to contact US Customs for information on the duties. On top of the duties there will be a brokerage fee collected by the customs broker that clears the goods through Customs.
Most of the major shipping companies like UPS, FedEx and the USPS all act as their own broker. If a shipper is used that doesn’t self-broker you’ll have to arrange a broker when the goods arrive in the US. Generally you’ll pay the lowest brokerage fees through the USPS, so see if the seller is willing to ship them by mail.
You can also save a small fortune in shipping charges if you have them shipped via surface instead of air. Delivery times run 6 to 10 weeks for surface mail from China but for non-perishable goods it can be worth it in savings.
References :
October 7th, 2009 at 11:10 pm
It is subject to customs duty so check with the Customs.
References :
October 7th, 2009 at 11:48 pm
That is no problem! you can tell your suppliers Statement the Worth is verry little ,and than you can pay a little for tax,also if you buy small QTY,you can use UPS OR DHL ,then you can pay lower than 500pcs.
don’ worried about this ,you only need tell you supplier he/she will do the next ,because we know how to save the cost for our customer and ourselves. that is true business
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October 8th, 2009 at 12:36 am
Agree with the previouse answers, I am a international business man in China.
References :
http://www.sourcingpal.com