General Knowledge Of Foreign Trade Knowledge
1. deposit
Bond
Payment is made by the guarantor to the customs to ensure that cash is ensured.
Guarantee
A form of fulfillment of obligations.
The sum of the deposit is the sum of taxes and fees for the goods concerned.
For those goods that require tax reduction or exemption before applying for the relevant customs formalities, a person applying for the goods to be released first can only apply for a guaranty in the form of a guaranty. Other applications for guaranty may be secured in the form of guaranty or guarantee form according to the circumstances.
2. submission of guarantee letter
Guarantee letter
It is a guaranty document submitted by the guarantor to the customs according to the requirements of the customs, with definite rights and obligations.
A letter of guarantee must be a Chinese legal person.
If a taxable cargo is to apply for a tax suspension in the form of a letter of guarantee, it must issue a letter of guarantee by the applicant bank or its superior organization.
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