Cross-border e-commerce costs include product price, domestic consumption tax, freight, tariff, cross-border platform service fee, and storage and insurance fees.
(1) Product price: the price of products on overseas websites.
(2) Domestic consumption tax: most countries impose consumption tax on consumer goods.
(3) Freight: includes international and domestic freight. Usually, international freight can be inquired from international express companies (such as FedEX, UPS, DHL, TNT, etc.); after the products arrive in China, they are shipped to consumers through domestic express.
(4) Tariff: the tax levied by the customs on imported goods.
(5) Cross-border platform service fee: generally, platform companies will charge a certain percentage of product service fee.
(6) Storage and insurance fee: regular overseas purchasing companies will charge this part of the fee for storage and cargo insurance.
Tips
Cross-border e-commerce annual personal quota inquiry
Individuals can inquire about the cross-border e-commerce annual personal quota through the “single window”. Search for “Single Window on Palm” in the WeChat applet, enter “Single Window Status Query”, then enter “Cross-border Personal Quota Query”, enter your name and ID number, and you can query the annual personal quota for cross-border e-commerce, including the quota used this year and the available quota this year.
The annual personal quota for cross-border e-commerce will be increased from 20,000 yuan to 26,000 yuan from January 1, 2019, and will be increased accordingly as residents’ income increases in the future. At the same time, the personal single transaction limit is increased to 5,000 yuan. When the tax-paid price exceeds the single transaction limit but is lower than the annual transaction limit, and there is only one item under the order, it can be imported from the cross-border e-commerce retail channel, and customs duties and import value-added tax and consumption tax will be fully levied according to the goods tax rate, and the transaction amount will be included in the annual transaction total. Already purchased cross-border e-commerce retail imported goods shall not be resold in the domestic market.