[Peterdalkey]

You will be charged Duty on the landed coast of the goods and then VAT on the total including delivery and Duty @23% to give you your nett product cost. then add your profit.

see this thread for more detail http://www.boards.ie/vbulletin/showt...p?t=2055862554


cheers

Peter

[Compton]

Hi,

Can anyone recommend the best forwarder? Im getting 40 cartons and have a FOB price, will need an Irish forwarder to do the rest

Thanks

[Peterdalkey]

Originally Posted by Compton

Hi,

Can anyone recommend the best forwarder? Im getting 40 cartons and have a FOB price, will need an Irish forwarder to do the rest

Thanks

contact RUDOLF289 very active on this forum on all matters shipping/duty/import VAT etc. I am sure he can help, he is in that business area.

cheers

Peter

[mongolianyurt]

Thanks Peter for that

[Compton]

Originally Posted by Peterdalkey

contact RUDOLF289 very active on this forum on all matters shipping/duty/import VAT etc. I am sure he can help, he is in that business area.

cheers

Peter

I have, he hasn't replied yet to a message sent a few days ago

[Peterdalkey]

Compton/mongolianyurt

He has not been online here since 25/11, hence no response. I would suggest that you start a new thread headed something like " Can anyone recommend an Irish based freight/clearance company to handle shipping goods from China"!


Cheers

Peter

[RUDOLF289]

Originally Posted by rainbowdash

As regards C&F V FOB obviously its only a 1st timer that would get caught out, unless he is stupid and fools himself again.

Suppose a company imports 2 containers a month and uses the same freight forwarder in China and never gets burnt (the FF in China of course must have an associated office or agent in Dublin anyway)

What is the difference in price between sending C&F with a reputable forwarder in China and sending goods FOB using the China forwarders Dublin associate.

My point being, is there any real saving to be achieved by using a reputable C&F agent in China V using a Dublin based company and doing it FOB?

My understanding is the seafreight bit is fixed regardless of which agent you use and most of the charges at Dublin are fixed anyway, regardless of who you use?

Hello Rainbowdash,

Interesting point you make there.

In theory, the forwarders in China are likely to get earlier notice of new (lower) rates. The market being extremely competitive in China, means that savings are being passed on instantly.

However, if you are dealing with a reputable organisation in Ireland, there may be several advantages that a Chinese forwarder may not be able to offer.

For instance, if you import from outside the EU, apart from the (likely) duty, you are also liable to pay the VAT @23% upfront. Granted, the VAT is a deductible input in your VAT return, so you can claim it back. However, more and more Irish based forwarders offer the option of eliminating the VAT outlay by clearing the containers at the point of transhipment (e.g. Rotterdam / Antwerp). This assists with the importers cash flow as the liability for the import VAT is transferred to his periodic VAT return. This avoids the cash outlay (and then wait till the next VAT return to claim it back).

To the best of my knowledge, Chinese Freight Forwarders would not be familiar with this process (nor their Irish counter parts) so, therefore it may be an advantage to deal with an Irish forwarder on the basis of FOB Chinese port.

I am sure there may be other advantages, but that is one that comes immediately to mind.

Cheers,
Rudolf289

[Jarren]

Never imported via sea before but a week ago I received a very tempting quote on the following .

4.33 cubic meters (m³) – 1540 kgs 100USD


I requested a breakdown of the charges/fees and still haven't received the reply from the Chinese shipping agent on that subject.

The common sense would tell me that it should cost much more to have the goods delivered.

When I think about it handling/agency/custom clearance/delivery should be three times the amount(guessing that one) I was quoted initially by the Chinese shipping sgent.

Don't mind paying more knowing that every angle of the sea shipping was covered.

After reading a bit online about the topic discussed I'd take my chances with local sea freight companies.

My2cents

[wenxue]

find some qualified supplier is most important,too many crooks.....

[NJOR]

Originally Posted by wenxue

find some qualified supplier is most important,too many crooks.....

Totally agree with Wenxue. Don't learn the hard way, which invariably ends in tears if not properly researched

I would be happy to advise. I have been working with accuratelimited who've been dealing with China since 1988. their dot.com website has the same name.

Happy China Trading in 2013!