Hi Experts,
In China, for import PO, we need to pay both custom duty and VAT to custom. Custom duty will be added into inventory cost and VAT will not. VAT is deductable(so needs a tax code?).
Any suggestion?
Thank you.
Richard
Hi Experts,
In China, for import PO, we need to pay both custom duty and VAT to custom. Custom duty will be added into inventory cost and VAT will not. VAT is deductable(so needs a tax code?).
Any suggestion?
Thank you.
Richard