• The current tariff on imported wine in China

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• Posted by [Yvonne] TIME :2010-03-08 14:15

• I don't understand the formula for Consumption Tax, the part "(1-10%)", does it mean 1 minus 10% which equals 90%, or it refers to between 1% to 10%, or it refers to between 1 and 0.1??? I was also told a figure like 26.7%, so what does this apply to, and 26.7% on what?

• Posted by [Michael Kwan] TIME :2009-05-14 15:41

• I don't think that's 30% but vary from 3-5% max, not to mention there's other qualifications say Certificate of Origin plus China Customs open-box inspection (quite high ratio) on such.

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