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It is well-known that China is the largest manufacturer of guitars in the world. Almost every new or experienced businessman will choose to import products from China to get a higher profit margin, You should know something before you import from china

  1. How much are the import duties from China?

A.First you should know the hs code of guitar

The Harmonized Commodity Description and Coding System, also known as the Harmonized System of tariff nomenclature is an internationally standardized system of names and numbers to classify traded products. Guitar hs code:92029030, some country only 6 number, so it should be 920290.

 

B.Know the guitar  Customs Value

The Customs Value is the number used by the Customs authorities to calculate Import duties, fees, and other taxes. Normally, the Customs Value is declared on the Commercial Invoice.

Customs Value by Country or Market

COUNTRY / MARKETVALUATION METHOD
United StatesFOB
European UnionCIF
United KingdomCIF
AustraliaFOB
New ZealandFOB
CanadaFOB
SingaporeCIF
MalaysiaCIF

3. Identify your import rights.

Before purchasing a guitar into your country, as a business or an individual, you will need to identify if you have the import rights.

A.If you are from the U.S., your Social Security Number (SSN as an individual) or your company’s Internal Revenue Service Number (IRS EIN as a business) will be enough.

B . If EURO, you will need to register as an economic operator (EORI number).

C. If Japan, any person wishing to import goods must declare them to the Director-General of Customs and obtain an import permit after necessary examination of the goods concerned.

D. If Canada, you will need to obtain a Business Number issued by the Canada Revenue Agency (CRA) first.

E. If Australia, no requirement for importers (companies or individuals) to hold an import license.

4.plan your budget

4 to 5 CBM normally will be the most suitable minimum volume for LCL (Less than Container Load) shipping. If less than this, the whole export & import process is complicated and costs a lot of money, which means the average cost for each product will be high.

5.work with your supplier in china

You can find many guitar factories in the following province:

Guangdong, Fujian, Jiangsu, Guizhou, Hebei.

And It is important for you to make a clear guitar requirement to indicate to your supplier the best way to cooperate with you.

6. Shipping Arrangement 

Ask your supplier to give you their arrangement of manufacturing and shipping schedule in advance. This will make it easier to follow the whole processes.

7. Order finish

After the supplier finishes your order, they will send you some photos for ref.  surely  A BL is a must to be sent.

If you need any help.  please 

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