The difference between foreign trade import declaration and payment declaration
Introduction
Foreign trade import refers to the purchase of goods from abroad to China, and customs declaration is one of the procedures that need to be handled in this process. And payment declaration is the relevant settlement procedures that need to be carried out after the goods arrive. In the process of foreign trade import, customs declaration and payment declaration are two important links. Understanding the difference between the two will help to better conduct foreign trade import business. This article will focus on the difference between foreign trade import declaration and payment declaration to help readers better understand the foreign trade transaction process.
Foreign trade import declaration
Foreign trade import declaration refers to the process in which importers need to declare to the customs and handle import procedures when transporting goods from abroad to China. It mainly includes the following contents:
Provide relevant information: Importers need to submit relevant import information to the customs, such as import contracts, invoices, packing lists, customs declarations, etc.
Go through customs declaration formalities: According to customs regulations, importers need to declare goods to the customs and go through corresponding customs declaration formalities, including submitting customs declaration forms and paying import tariffs.
Inspect and release goods: After receiving the customs declaration forms and relevant information from the importer, the customs will inspect and release the goods and approve the import.
Payment customs declaration
Payment customs declaration means that after the goods arrive in the country, the importer needs to settle the payment, declare to the customs and go through the payment customs declaration formalities. It mainly includes the following contents:
Payment settlement: The importer needs to settle the payment with the exporter or freight forwarder, including payment method, settlement procedures, etc.
Submit payment customs declaration information: After the payment is settled, the importer needs to submit the information required for payment customs declaration to the customs, such as settlement documents, receipt vouchers, etc.
Go through payment customs declaration formalities: According to customs regulations, importers need to submit payment customs declaration information to the customs and go through relevant procedures to complete the payment customs declaration.
The difference between foreign trade import declaration and payment declaration
Although both foreign trade import declaration and payment declaration are important links in the foreign trade import process, there are some differences in their operation content and time nodes:
Operation content
Foreign trade import declaration mainly includes submitting import information to the customs, handling customs declaration procedures, and inspecting and releasing goods; while payment declaration mainly includes payment settlement, submitting payment declaration information, and handling payment declaration procedures.
Time node
Foreign trade import declaration is carried out before the goods are transported to the country, and is the preliminary procedure for importers to import goods from abroad to the country; while payment declaration is carried out after the goods arrive in the country, and is the later procedure for importers to settle payments with exporters or freight forwarders and conduct payment declaration.
Summary
Foreign trade import declaration and payment declaration play a very important role in foreign trade import business, and they correspond to the customs procedures and payment settlement of imported goods respectively. Understanding the difference between foreign trade import declaration and payment declaration will help importers better master the operation process of foreign trade import business and conduct foreign trade transactions more smoothly.
I hope that through the introduction of this article, readers can have a deeper understanding of foreign trade import declaration and payment declaration, so as to be more handy in actual operation. Thank you for reading!