Georgia Red Wine Zero Tax and Import Customs Clearance In China
Within this year, the import duty of Georgia red wine is expected to reduce to zero. At present, the tariff for Georgia red wine is 14%, value added tax 17%, consumption tax 10%, the comprehensive tax rate is 48.2%.
seehog Logistics, the well-known China customs broker with rich customs clearance experiense in China for imported wine, provide door to door, port to door import customs clearance logistics for Georgia red wine import. Our services include import logistics, shipper and consignee registration, import title lending, Chinese label registration and pasting, customs clearance in Tianjin, Qingdao, Shanghai, Ningbo, Xiamen, Guangzhou, Shenzhen, and Chengdu, warehouse, and delivery. We guarantee competitive prices in each single step and faster handling speed than any of our peers. In Guangzhou, our services in available in Huangpu, Nansha, Fangcun, Jiaoxin and Guangzhou port
Tariff reduction will promote the increase of red wine from several origins in Chinese market. According to the report of Alcohol Importers and Exporters Branch of China Chamber of Commerce of Foodstuffs and Native Produce, the import quantity of Georgia bottled red wine reached 1.3 million litres last year, up by 74% year on year. And China customs data indicates that Georgia bottled red wine kept a high growth trend of over 50% in January, 2016, exceeding the import quantity of Canada, the old red wine importing country.
The customs clearance and taxation facilitation measures for imported red wine has been further paved since October 20, 2015, covering all ports of Shenzhen customs. The facilitation measures will simplify the price pre-verification and limited time price verification, which will further accelerate customs clearance speed, according to Shenzhen customs.
The Archaeological Findings in 1965 proved that the 10 red seeds unearthed in Georgia was vitis vinifera sativa D.C red artificial cultivated 7000 to 8000 years ago and thus was the oldest red variety in human history. Georgia is internationally recognized as the Origin Place of red Wine. Its traditional QVEVRI pottery pot brewing technique was listed as World Intangible Cultural Heritage by UNESCO in 2013.
The origin of red wine though, Georgia does not hold a high production of red wine. Their export quantity per year does not exceed 10 million bottle. Last year China was ranked the top four importing countries of Georgia red wine last year, only next to Russia, Kazakhstan and Ukraine. Different from its Substantial growth in China, Georgia red wine export to Russia and Ukraine dropped by 51 and 56% than a year earlier.
We learn from Ministry of Treasury that our country will work on the free-trade agreements with Iceland, Switzerland, Costa Rica, Peru, New Zealand and build closer economic and trade relationship between mainland China and Kong Kong, and Macao, and implement further tariff reductions with these countries and regions.
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