Tax law for certified accountants - calculation of customs exempt prices and tax payables in section iii
1. Any of the following [single theme] shall not be included in the taxed price (...)。
A. Packaging services paid for goods imported
B. Trademark rights fees paid for goods imported
C. Extremist fees incurred to import goods (kangnamboco)
D. Out-of-country development, design, etc. Costs incurred in importing goods
Correct answer: c
Reference analysis: the subject examines the determination and adjustment of import completion tariff prices, the study must have a good command of the specific adjustment project requirements, and the cost of offshore expeditions incurred for imported goods is not a direct cost of imported goods and should not be included in the tax price。
1. Any of the following [single theme] shall not be included in the taxed price (...)。
A. Packaging services paid for goods imported
B. Trademark rights fees paid for goods imported
C. Expatriate study fees incurred for the import of goods
D. Out-of-country development, design, etc. Costs incurred in importing goods
Correct answer: c
Reference analysis: the subject examines the determination and adjustment of import completion tariff prices, the study must have a good command of the specific adjustment project requirements, and the cost of offshore expeditions incurred for imported goods is not a direct cost of imported goods and should not be included in the tax price。
2. [single question] mechanical instruments, means of transport or other goods destined for repair abroad, notified to customs at the time of departure, and re-entry within the time limit prescribed by customs, shall be reviewed on () the basis of which the tax price shall be determined。
A. Offshore repairs and materials
B. Offshore processing fees, material charges, transport and related costs for re-entry, insurance premiums
C. Offshore repairs, material and transport costs for re-entry
D. Offshore processing fees, material charges
Correct answer: a
Reference analysis: mechanical instruments, means of transport or other goods destined for repair abroad, which were notified to customs at the time of departure. In the case of re-entry within the time limit prescribed by the customs, the tax price shall be determined on the basis of a review of the cost of external repairs and material。
1. Any of the following [single theme] shall not be included in the taxed price (...)。
A. Packaging services paid for goods imported
B. Trademark rights fees paid for goods imported
C. Expatriate study fees incurred for the import of goods
D. Out-of-country development, design, etc. Costs incurred in importing goods
Correct answer: c
Reference analysis: the subject examines the determination and adjustment of import completion tariff prices, the study must have a good command of the specific adjustment project requirements, and the cost of offshore expeditions incurred for imported goods is not a direct cost of imported goods and should not be included in the tax price。
2. [single question] mechanical instruments, means of transport or other goods destined for repair abroad, notified to customs at the time of departure, and re-entry within the time limit prescribed by customs, shall be reviewed on () the basis of which the tax price shall be determined。
A. Offshore repairs and materials
B. Offshore processing fees, material charges, transport and related costs for re-entry, insurance premiums
C. Offshore repairs, material and transport costs for re-entry
D. Offshore processing fees, material charges
Correct answer: a
Reference analysis: mechanical instruments, means of transport or other goods destined for repair abroad, which were notified to customs at the time of departure. In the case of re-entry within the time limit prescribed by the customs, the tax price shall be determined on the basis of a review of the cost of external repairs and material。
3. [single questions] as a general taxpayer for vat, in february 2020 a group of 20 machines and equipment was imported from abroad at a cost of rmb 120,000 per unit, including 50,000 for transport, insurance and other services prior to their arrival at the port of dalian: another vendor charged the company, separately, $50,000 for domestic installation and $70,000 for technical assistance abroad. The cost of packing materials for equipment is $80,000. Assuming a 50 per cent tariff rate on imports of this type of equipment. The customs duty payable by the company is () 10,000 yuan。
A. 254/
B. 232
C. 185
D. 124
Correct answer: d
Reference analysis: the cost of construction, installation, assembly, maintenance or technical assistance following the import of goods such as plant, machinery or equipment is separately indicated in the price of the imported goods and is not included in the taxed price of the goods. Exhaustion price of equipment imported = 20 x 12 + 8 = 248 (million dollars) and import duty payable = 248 x 50 per cent = 124 (million dollars)。
The key point in the calculation of tariff rates is to set tariff completion prices. It is important to note that the total cost of transport, insurance and other services prior to discharge is already included in the price of goods, so that the tariff price cannot be increased by $50,000。
2. [single question] mechanical instruments, means of transport or other goods destined for repair abroad, notified to customs at the time of departure, and re-entry within the time limit prescribed by customs, shall be reviewed on () the basis of which the tax price shall be determined。
A. Offshore repairs and materials
B. Offshore processing fees, material charges, transport and related costs for re-entry, insurance premiums
C. Offshore repairs, material and transport costs for re-entry
D. Offshore processing fees, material charges
Correct answer: a
Reference analysis: mechanical instruments, means of transport or other goods destined for repair abroad, which were notified to customs at the time of departure. In the case of re-entry within the time limit prescribed by the customs, the tax price shall be determined on the basis of a review of the cost of external repairs and material。
3. [single questions] as a general taxpayer for vat, in february 2020 a group of 20 machines and equipment was imported from abroad at a cost of rmb 120,000 per unit, including 50,000 for transport, insurance and other services prior to their arrival at the port of dalian: another vendor charged the company, separately, $50,000 for domestic installation and $70,000 for technical assistance abroad. The cost of packing materials for equipment is $80,000. Assuming a 50 per cent tariff rate on imports of this type of equipment. The customs duty payable by the company is () 10,000 yuan。
A. 254/
B. 232
C. 185
D. 124
Correct answer: d
Reference analysis: the cost of construction, installation, assembly, maintenance or technical assistance following the import of goods such as plant, machinery or equipment is separately indicated in the price of the imported goods and is not included in the taxed price of the goods. Exhaustion price of equipment imported = 20 x 12 + 8 = 248 (million dollars) and import duty payable = 248 x 50 per cent = 124 (million dollars)。
The key point in the calculation of tariff rates is to set tariff completion prices. It is important to note that the total cost of transport, insurance and other services prior to discharge is already included in the price of goods, so that the tariff price cannot be increased by $50,000。
4. When the [single-choice] valuation method is used, the following are part of the tariff-exempt price of the import duty。
A. Purchase commission paid by the importer to its own external procurement agent
B. Brokering fees paid by importers to intermediaries
C. Maintenance costs after customs clearance of imported equipment
D. Transport costs after arrival at the point of entry within the country
Correct answer: b
Reference: option a, commissions and brokerage fees other than purchase commissions may be included in the price of the import excise; option c, d, construction, installation, assembly, maintenance or technical assistance costs incurred after the import of goods such as plant, machinery or equipment, transport and related costs, insurance premiums incurred after the arrival of the imported goods at the point of entry into the country, are separately specified in the price of the goods and are not included in the excise price of the goods。
5. [single questions] customs shall not use the price () when applying a reasonable method of valuation to determine the taxed price of imported goods。
A. Prices for the same goods
B. Price methods for similar goods
C. Price reversal methods
D. Sale prices of goods produced in the country
Correct answer: d
Reference analysis: customs may not use the following prices when using a reasonable method of valuation to determine the taxed price of imported goods:
(1) the sale price of goods produced within the territory
(2) higher prices in alternative prices
(3) the sale price of the goods on the market at the place of export:
(4) the price of the same or similar goods calculated at values or costs other than those specified in the price valuation method
(5) the sale price of goods exported to a third country or region
(6) minimum price or arbitrary, fictitious price。
6. The following [single theme] is not correctly expressed with respect to tariff rates (...)。
A. Ad valorem tax is one of the most common forms of tariff collection
B. Current volume tax on imported crude oil
C. We are currently imposing a composite tax on imported digital cameras
D. The higher the prices of imported goods, the higher the tariffs on imports; the lower the prices of imported commodities, the lower the tariffs on imports
Correct answer: d
Reference analysis: option d, the smooth duty is the higher the price of the imported goods, the lower the tariff on their imports; the lower the commodity prices, the higher the tariff on imports. It is characterized by the maintenance of relative stability in domestic market prices for goods subject to para-taxation ... Without being affected by price fluctuations in international markets。
7. [single question] one set of stage equipment is imported by a performing company and is paid in the amount of rmb 1. 85 million, which consists of a price of rmb 1. 74 million, a separately specified post-import equipment assembly of rmb 80,000, and a fee of rmb 30,000 for the intermediary, as well as a premium of rmb 66,000 for the pre-entry of goods into the country, and the customs review of the approved cost of freight at the same time for the same goods. Assuming a tariff rate of 20 per cent, the tariffs payable by the company for the importation of stage equipment are ()。
A. 37. 11 million dollars
B. Us$ 39. 92 million
C. $40. 4 million
D. $4,052,000
Correct answer: d
Reference: the tariff-exempt price of imported goods should include commissions and brokerage fees, other than purchase commissions, to be paid by the buyer, so the brokering fee of $30,000 should be included in the tax-exempt price. However, the costs of construction, installation, assembly etc. Incurred after the import of equipment are not included, so the cost of installation of equipment after the import should not be included in the tariff completion price. When transport costs cannot be determined, they are based on the freight rate of $250,000 determined by customs review. Exhaustion price = 174 + 25 + 0. 6 + 3 = 202. 6 (million dollars), customs duty = 202. 6 x 20 per cent = 40. 52 (million dollars)。
23. [multiple choices] when calculating tariff-exempting prices for imported goods by price method, the tax price should be calculated using the sum of prices calculated below。
Material and processing costs used to produce the goods
B. General profits, general expenses and sales of goods of the same rank or type to the national territory
C. Transport and related costs, insurance costs prior to the arrival of the goods at the point of entry within the country
D. Inland freight
Correct answer: a, b, c
Reference: the taxed price of imported goods is based on the cost of the goods prior to their arrival at the customs point of entry and discharge, excluding domestic freight。
24. [multiple selection] of the following subparagraphs should be included in the tariff-exempt price of imported goods ()。
A. Purchase commissions paid by buyers
B. Costs of offshore packaging materials borne by the buyer
C. Costs of offshore packaging services borne by buyers
D. Cost of containers to be treated as integrated with imported goods borne by the buyer
Correct answer: b, c, d
Reference analysis: elements that should be included in the tax-exempt price include:
(1) commissions and brokerage fees other than purchase commissions charged by the buyer (option a error)
(2) the cost of the container to be considered as one by the buyer (option d is correct)
(3) packaging materials and labour costs for packaging by the buyer (option bc is correct)
(4) in connection with the manufacture and sale of the goods to the people's republic of china, the price of materials, tools, moulds, consumables and similar goods provided by the buyer free of charge or below cost and which can be apportioned in an appropriate proportion, as well as the cost of related services such as development, design and so forth outside the country
(5) the royalties payable directly or indirectly by the buyer in connection with the goods and as a condition of their sale by the seller to our country
(6) proceeds derived by the seller directly or indirectly from the resale, disposal or use of the goods by the buyer after their import。
25. Among the following [multiple selections] statements regarding tariff-exempt prices for special imports are correct ()。
A. When an enterprise transports a shipment of electronic devices for processing abroad, the goods are notified to customs when they leave the country and re-enter the country within a specified time period, the tax price shall be determined on the basis of a review of the cost of the goods, the cost of processing abroad, the cost of material, the cost of transporting the goods to the country of re-entry, the insurance cost
B. A small ship at a shipyard for repair outside the country, which was not reported to customs at the time of departure, should be reviewed to determine the tax price on the basis of the cost of repair and material outside the country
C. The offshore industrial design firm sent a sample of the design packaging to a packaging plant in the country, which, after completing the demonstration of the sample, purchased the sample, using the retention price as a tax price as determined by customs
D. A stationary plant rents a round pen production line from abroad, during which the customs-approved rent shall be used as the taxed price and interest shall be charged to the taxed price
Correct answer: c, d
Reference analysis: option a error, goods destined for processing abroad, notified to customs at the time of departure and re-entry within the time limit set by customs, shall determine the taxed price, excluding the cost of the goods, on the basis of a review of the cost of processing abroad, the cost of materials, the cost of transport and related costs of re-entry, and insurance。
Option b error, when machinery, means of transport or other goods are shipped abroad for repair, “disclosed to customs” at the time of departure and re-entering the country within the time limit set by customs, the tax price shall be determined on the basis of a review of the cost of repair and material outside the country, and the price of the tax may not be determined on the basis of which the shipyard did not report the ship abroad to customs。
Option c is correct. For imported samples, exhibits and advertisement items retained in the country, the retention price as determined by customs is used as the tax completion price。
Option d is correct, and among goods imported by lease, leased goods paid out of rent are charged to the customs-approved rent as the full tax price during the lease period and interest should be included。
