As far as I understand the value of an import is the value of it at the port, that’s the purchase price from the factory. THE value is based on what the importer as the distributor side pays for the unit.

Since the CB500F retail in the USA for $5,499.00 I can assume at least a 100% mark-up or a cost to Honda USA of or around $3,000.00 USD. It may be more and in that the profit margin under 100%? Since the USA is the baseline for pricing and that’s because there is no import tariffs. Markets without tariff compete at the lowest prices. Markets with tariffs have artificially inflated prices. The margins are often the same its just set on a higher price do to the taxes.

It is likely that the margins on profit are lower in the USA then other markets, so lets set the factory to distribution price at 3500.00 USD, then check to see what it cost for one FOB China.


1
From where to where you import


Edit
Importing from: Thailand
Importing to: China View country guide

2
The type of product, its value and where it was manufactured


Edit
Product description: Honda CB500F
Product category: Engine Capacity: 381 - 500 cc (Upgrade account to get HS code)
Product value: US$3500.00
Country of manufacture: Thailand

3
The cost of shipping and insurance of importing


Edit
Shipping costs: US$200.00
Insurance costs: US$50.00


Calculation results


Edit
Total customs value (CIF): CH¥22863.65
This is the amount that customs values your import at
- Duty: CH¥10288.64
- Consumption tax: CH¥3683.59
- VAT: CH¥6262.10
Total import duty & taxes due: CH¥20234.33
This is the amount that needs to be paid to customs
Total landed cost: CH¥43097.99
This is the total cost of importing, including product, shipping, insurance and import duty & taxes


at USD/CNY exchange rate of 6.097

Calculation notes


Notes on duty & taxes rates


  • Honda CB500F has an import duty rate of 45% and VAT rate of 17%, Consumption Tax rate is 10%. According to Chinese laws and Regulation for Compulsory Product Certification, importation of this item may be subjected to CCC (China Compulsory Certification) certificate

Notes on import taxes due


  • Please note that your shipping provider may add an additional handling fee

The advantage of factory authorized sales are that the values and in that tariffs are levied within WTO guidelines.