Cross border sellers should be familiar with international freight. What is the transaction mode of international freight? What should be paid attention to in international freight transportation?
What are the modes of international freight transaction?
FOB delivery price: Generally speaking, foreign customers have appointed freight forwarders, and only the shipper needs to arrange trailers and customs declaration at the port of departure. EXW ex factory price is delivered ex works or at the place designated by the customer. Customs clearance for trailers shall be arranged by the customer. The customer can pick up the goods himself, and the factory can deliver the goods.
CIF Cost plus insurance premium and freight: Generally speaking, door to port (including trailer at the port of departure + customs declaration + sea freight) generally does not include insurance. If the customer requires insurance, it is calculated according to the value of the goods. The term CIP may also be used. CIP is generally only used for sea transportation. CIP is applicable to various modes of transport, including multimodal transport, such as air transport.
DDU double clearing unpaid delivery: it means delivery after double clearing (including tax). It is often said that Shuangqing is a one-stop service, including trailer at the port of departure + customs declaration + shipping + customs clearance at the port of destination. Door to door delivery mainly depends on the needs of customers. It should be noted that DDP must provide the value of the goods, because tax payment depends on the value of the goods.
What should be paid attention to in international freight transportation?
There is basically no difference between FOB and FCA. FOB is used for sea transportation and FCA is used for air transportation; CIF and CIP are the same.
Export is not taxed, import is taxed.
The tariff rate depends on the commodity code hscode, and each hscode is for one tariff rate. If you don't know the hscode of the imported goods, you can send the relevant information of the goods to the freight forwarder to let them match the appropriate hscode.
When paying import tax, the value-added tax paid by the consignee is more favorable, and the government will pay the tax payer in the form of tax credit. That is to say, it needs to pay 1 million tax to the tax bureau, 100000 tax to the import value-added tax, and only 900000 tax to be paid this month. Of course, I will submit the import VAT to the tax bureau. Other countries will basically do the same.
The above is related to international freight transport. I hope it will help you.
