HS customs code for wine imports: 2204210000. The tax on red wine consists of three parts: "tariff + value-added tax + consumption tax". Import taxes are paid in RMB, and if the imported goods are priced in a foreign currency, the customs shall calculate and levy the taxes in RMB based on the central parity of the RMB and foreign exchange prices announced by the national foreign exchange administration department on the date of issuance of the tax payment certificate. Foreign currencies not included in the RMB foreign exchange quotation list shall be converted into RMB at the exchange rate determined by the national foreign exchange administration department.

Tariff: 14%

Tariff calculation method = Duty paid value approved by the customs × 14%

Duty paid price is generally CIF price (that is, landed price , including cost, insurance and transportation costs), but if China Customs has doubts about the CIF price declared by the enterprise, it will be determined with reference to the price of similar goods in the same period

VAT: 13%

Value-added tax calculation method = composition taxable price × 13%

Consumption tax: 10%

Consumption tax calculation method = composition taxation price × 10%

Combined calculation The tax price constitutes the taxable price = (dutiable price + tariff) ÷ (1- consumption tax rate)

(The taxable price is the basis for calculating value-added tax and consumption tax at the import stage)