Duties are assessed in China on a Cost-Insurance-Freight (CIF) basis.
In accordance with its obligations under the WTO, China applies transaction value as the primary method of appraisement. Customs may use other valuation methodologies under the WTO appraisement hierarchy to determine the dutiable value.
Tariff rates in China may range from zero percent, for certain information technology products, 15 percent for agricultural products, 25 percent for automobiles, 15 percent for automobile parts and 12 percent for machinery.
Consumption Tax applies to the import of certain commodities such as alcohol, cigarettes, fuel, and automobiles. The consumption tax rate and base varies from product to product.
A 17 percent, 13 percent, or zero percent Value Added Tax is imposed on imports based on the landed cost (i.e. CIF value of goods + duties + consumption tax).
Export duties are levied on some export products, including mineral products and steel products.