Taxable amount of ad valorem imported goods = dutiable price of imported goods × applicable import tariff rate.
Duty paid price of imported goods =CIF=(FOB price+freight) /( 1- insurance rate)
=CFR price /( 1- insurance rate)
Tariff levied on imported goods according to quantity = quantity of imported goods × applicable unit tax.
Duty payable on composite imported goods = ad valorem tax+specific tax.
= Duty paid price of imported goods × applicable tariff+quantity of imported goods × applicable unit tax.
(2) Calculation of import link tax
L Ad valorem consumption tax payable = taxable value of ad valorem consumption tax × ad valorem consumption tax rate
Taxable value of ad valorem consumption tax = (customs value of imported goods+import duty tax) /( 1- ad valorem consumption tax rate)
L Specific consumption tax payable = quantity of imported goods × specific consumption tax rate
Taxable amount of compound consumption tax = ad valorem consumption tax+specific tax = taxable value of ad valorem consumption tax × ad valorem consumption tax rate+quantity of imported goods × specific tax rate.
L The value-added tax in China is ad valorem. According to whether the imported goods should pay consumption tax, it is divided into the following two situations:
1, consumption tax, value-added tax on imported goods = value-added tax payable × value-added tax rate.
Taxable value of consumption tax VAT = customs value of imported goods+import duty tax+consumption tax = customs value of imported goods+customs value of imported goods × import tax rate+ad valorem/specific duty/compound consumption tax.
2. VAT on imported goods excluding consumption tax = VAT payable × VAT rate.
Taxable value of value-added tax excluding consumption tax = customs value of imported goods+import duty tax.
(3) Calculation of export tariffs
Taxable amount of export goods = customs value of export goods × export tariff rate
Duty paid price of export goods = FOB /( 1+ export tariff rate)
Tax reduction on export goods = customs value of export goods × reduced export tariff rate.
Duty-paid price of export goods with duty reduction or exemption = FOB /( 1+ export tariff rate)
(4) Calculation of tonnage tax on ships
Ship tonnage tax is calculated according to the registered net tonnage, and the mantissa is rounded off. The mantissa less than half a ton shall be exempted, and the mantissa more than half a ton shall be levied.
Application for tonnage tax = net tonnage × tonnage tax rate = effective volume × tonnage/cubic meter × tonnage tax rate.
(5) Calculation of late payment fee
According to the regulations, taxpayers of customs duties, import value-added tax, consumption tax and tonnage tax of ships or their agents fail to pay taxes within the specified time, which constitutes late payment fees, and should pay late payment fees in accordance with the regulations.
Amount of overdue fine = overdue tax ×0.5‰× overdue days.
When determining the number of days of delay, please note:
The Customs Law stipulates that taxpayers of import and export goods shall pay taxes within 15 days from the date when the customs fills out the tax payment form. If Ghana doesn't do this, the customs will impose a late fee.
If the tax payment period is actually calculated, it shall be calculated from the second day after the customs issues the tax payment form, and the date of issuance shall not be counted. If the last day of the customs duty payment period falls on Saturday, Sunday or legal holiday, the customs duty payment period will be postponed to the first working day after the weekend or legal holiday.
(VI) Calculation of deferred payment
The Customs Law stipulates that the consignee of imported goods shall declare to the customs within 14 days from the date of declaration of means of transport, and the customs shall recover the late payment fee according to law.
The actual number of days of overdue declaration is also calculated from the date of declaration, which should be included in the date of declaration, and the actual date of declaration is not included in the number of days of overdue declaration.
Deferred declaration fee = customs value of imported goods ×0.5‰× days of delayed declaration =CIF×0.5‰× days of delayed declaration =(FOB+ freight) /( 1- insurance rate) ×0.5‰× days of delayed declaration =CFR/( 1- insurance rate) ×0.5‰