Hello fellow logistics people!
Is anyone by chance familiar with importing made in China products back into China?
Our “lovely” supply chain strategy involves the below: Products made in China, exported to HK, and some are reimported into China as consignment to our customer. (This was set up way before I started)
We tried importing the product under our purchase price since this is consignment but the courier is insisting that we have to use the sales price (= higher duties/taxes), saying the Chinese government will not allow this. Is this true? Do I have to declare the sales price even though the product hasn’t technically been sold yet?
Happy to provide more information if needed
Thanks in advance!
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