Do you know the shipping cost and importing tariff of boats from China

Qingdao Colton Yacht Co.,Ltd have clients from every corner of world. We would recommend pvc or hypalon rib boat according to clients’ location and temperature. Usually for tropical areas with high ultraviolet ray and sunshine. We would suggest hypalon inflatable boat. We could make customized inflatable boat or rib boat according to requirements of clients in different countries. During order confirmation, especially for some new clients who import boats from China first time. They do not know well about the shipping cost and importing tariff. With over 12 years exporting experience. Qingdao Colton Yacht Co.,Ltd have several reliable cooperative shipping companies who could offer the most favorable shipping cost and comprehensive service. We could quote shipping cost for 20’GP, 40’GP,40’HQ, 45’HQ, Frame container and special containers. So when you have inquiry for China rib inflatable boat, aluminum boat or boat accessories. Just pls tell our sales your nearest sea port and we will check the shipping cost for you.

Other than the boat cost and shipping cost. Some clients also need to make clarify of importing tariff. For different countries. The customs have different tariff rate. Usually it is made of VAT+ importing tax. We checked the tariff from professional website and also ever checked the cost from our clients from USA, Canada,Sweden, Portugal. Pls refer to the relative information below and hope they are helpful for you to check the overal cost when you decide to import rib boats or inflatable boats from China.HS code for rigid inflatable boat and inflatable boat is 89031900. You could also check with your local customs for confirmation.

United States- 25% additional tax+2.4% Importing tax+0.125%HMF+1.05%-0.346%MPF

Canada- 9.5% importing tax+5% GST

Australia-5% importing tax

Europe- 17%-25% VAT+1.7% Importing tax

Overview]

Whether individuals or business entities are engaged in the import of goods into Germany (importing from countries outside the EU), they must pay import duties and other taxes. All import duties and taxes are calculated based on the freight value, that is, the cost, insurance and freight (CIF).

[Tariffs]

German tariff rates generally range from 0% (such as books) to 17% (such as Wellington boots). Certain goods, such as laptops, mobile phones, digital cameras and game consoles are exempt from tariffs. Certain goods may be subject to additional taxes, calculated based on the country of origin, such as bicycles made in China, which are subject to an additional 48.5% anti-dumping duty.

[VAT]

The standard VAT rate in Germany is 19%, and certain goods such as books, newspapers and magazines enjoy a preferential VAT rate of 7%. German VAT = VAT rate × (CIF price + import tariff).

[Tax threshold]

Germany has a tax threshold for import tariffs. Imported goods with a value of no more than 150 euros (FOB) are exempt from tariffs; imported goods with a value of no more than 22 euros (FOB) are exempt from VAT; and goods with a total value of no more than 5 euros are exempt from tariffs and VAT.

[Others]

Consumption tax: taxes and fees levied on specific goods such as tobacco products. Additional customs fees: fees and fees levied on imported goods for inspections, tests and tests that must be performed when passing through customs.

For other countries’ importing tariff. Pls refer to below website for checking

Japan：https://www.customs.go.jp/english/index.htm

South Korea：https://unipass.customs.go.kr/clip/index.do

Vietnam：https://vntr.moit.gov.vn/search

India：https://old.cbic.gov.in/htdocs-cbec/customs/cst2023-010223/cst-idx

Russia：http://www.russian-customs.org/legislation/tariff/index.html

Singapore:https://www.tradenet.gov.sg/tradenet/portlets/search/searchHSCA/searchInitHSCA.do

As professional China rib boat manufacturer. We wish to supply more top quality boats to clients with safe ways and lowest cost. So we try to make every exporting procedure clear to our clients and reduce the exporting risk and cost. For every of our container. Our technicians would calculate the loading space very accurately and try to load as many as boats possible. And before shipment. We would check shipping cost with several shipping companies to compare the cost. And we also know well about the different shipping companies’ dominant sailing lines with our experience. Usually we also purchase shipping insurance and make sure safe shipment for every container sent from our factory. Colton Yacht not only supply rib boat, inflatable boat or aluminum boat. But also provide one way stop service for our overseas clients. Wish clients from all the world visit our company and send inquiry for your interested products.