Power generation industry! Internal combustion engine foreign trade tips

Customs code, also known as commodity code, HS code

 It's an international classification system,

Used to unify goods,

Standard classification and coding,

To facilitate international trade and customs statistics.

The customs code consists of 6 digits

To represent an object item,

China uses a 10-bit code,

Different bits of code represent different levels of classification.

This coding system covers almost every possible commodity and combination of commodities,

To ensure on a global scale

Achieve consistency and standardization.

1.International Trade:

Used to identify and classify goods in international trade,

To ensure the smooth clearance of goods.

2.Statistics and analysis:

For national and international organizations to conduct trade statistics

And economic analysis to understand the import and export of various commodities.

3.Tariff collection：

Help countries determine tariffs and rates on different categories of goods.

There are many types of internal combustion engines,

Such as gasoline engine, diesel engine,

Spark ignition engine, compression combustion engine, etc.

Its uses also include automobile engines, Marine engines,

Aircraft engines, industrial applications, etc.

The customs code is usually based on

These categories are divided.

85022000

The first and second digits represent the chapter where the generator set is located,The products exported by Corinne are listed in Chapter 85 of Category 16

The third and fourth digits represent the head, and Kelinyuan products are listed in chapter 85, Head 02 (generator sets and rotary converters)

The fifth and sixth numbers represent the subhead,

Where 11/12/13/20

(20 is our main product)

All units containing Kelinyuan are compared as follows:

Note: Why is there a 7th and 8th place distinction

（85021310 and 85021320）

The last two belong to our country's special HS code,

Two additional levels of subheadings on the basis.

Recommended Customs code enquiry website:

https://www.i5a6.com/hstree/8502

13%tax rebate

Imagine we're shopping in a store,

Then at checkout, the clerk tells you that you can get a refund for a portion of your purchase.

This percentage of the refund is the rebate rate.

In international trade,

Suppliers may be entitled to tax rebates.

This usually happens when suppliers pay a certain amount of tax when they buy raw materials or services,

And then when selling a product or providing a service,

Refund can be applied to the tax authorities

Taxes paid,

Help reduce the burden on suppliers

And improve their competitiveness,

To promote export trade

And improve the country's economic vitality.

Remember 8502

There are a total of 5 customs codes covering our business scope,and directly related one is 850220,with a tax rebate rate of 13%