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Chinese Government corrects tax and charges to import wine

wines-info.com 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.