Analysis of Tax and Duty Structure for Imported Equipment

The core taxes and fees involved in importing equipment include:Customs duties, value-added tax, and excise taxThree parts. Among them, tariffs are determined in accordance with the "Customs Law of the People's Republic of China".Import and exportThe "Customs Tariff" stipulates that the value-added tax is uniformly levied at 13%, while the consumption tax is only imposed on specific equipment (such as fuel-powered generator sets).

• Customs duty calculation formula: Duty-paid price × Applicable tax rate
• : Value - added Tax = Value - added Tax rate of 7%×(CIF price + applicable customs duty): (Dutiable value + Tariff + Consumption tax) × 13%
• Formula for calculating consumption tax: (Dutiable value + Customs duty) ÷ (1 – Consumption tax rate) × Consumption tax rate

Key Policy Changes for 2024

According to the announcement by the Customs Tariff Commission of the State Council, in 2024,Equipment importThere are three major policy adjustments in the field:

• 12 new items addedProvisional tariff rates for key equipment, covering semiconductor manufacturing equipment,New EnergyTesting instruments, etc.
• ExpandPreferential scope of free trade agreementsUnder RCEP, the agreed tariff rates for mechanical products have decreased by 2 to 5 percentage points.
• OptimizeTax Reduction and Exemption Approval Process, The approval time for the import of major project equipment has been shortened to 15 working days.

Tax Optimization Pathways for Professional Agents

High-quality agency service providers achieve tax optimization through the following methods:

• Equipment Classification Service
  • Accurate HS code classification to avoid tariff increases due to misclassification.
  • Assist in applying for AEO certification for enterprises to enjoy customs clearance facilitation.
• Tax Reduction and Exemption Application Support
  • Application for Tax Exemption Qualification on Imported Equipment for Major Projects
  • Handling of Duty Reduction and Exemption Filing for Scientific and Educational Supplies

Common Tax Calculation Issue Resolution Plan

Case 1: Dispute over the dutiable value of second-hand equipment
A company imported a CNC machine tool manufactured in Germany, and the agency facilitated the process by providing...Factory equipment documents, international auction transaction recordsBased on the evidence, the customs valuation was successfully adjusted from $1.2 million to $850,000, resulting in tax savings of approximately 380,000 yuan.

Case 2: Adjustment of Equipment Function Configuration
For the testing equipment imported by a certain laboratory, the agent recommendsDeclare the main unit and consumables separately., reducing the overall import tax rate from 14.7% to 9.8%, achieving an annual tax savings of over 200,000 yuan.

within 15 working days.

• Pay attention to"Guidance Catalogue for Industrial Restructuring"Revision trends: Plan equipment import schedules in advance.
• EstablishTariff Dynamic Monitoring Mechanism, with a focus on tracking adjustments to tax rates for semiconductors and biomedical equipment.
• PerfectEquipment Technical Parameter Archives, ensuring that the declared elements fully match the conditions for reduction or exemption.

By utilizing professional agency services, businesses can reduce their import tax and fee costs by an average of 15%-30%. It is recommended to prioritize evaluating the agency'sCustoms Class A qualification, industry case database scale, customs compliance systemcore competencies, ensuring the legality and cost-effectiveness of the entire equipment import process.