News Special Coverage Industry Overview Supply & Demand Price Reference Forum

Chinese Government corrects tax and charges to import wine by quxing23/05/2005  

A. Import wine must be handed in import custom, value added tax and excise in which equal to   70% of CIF price of goods in 2003. 

B. The import custom of wine declined to 14% in 2004. Adding excise and valueadded tax will      equal to 45% of CIF price of goods.