We want to export some item (gears) to our manufacturer in China for assembly in some item (wheelsets) and then import the complete assembly (gears mounted wheelsets). Can we export/supply the item to China as free issue and then import it after assembly and pay the import custom duly only on the assembly (geared wheelsets) minus free supply (gears) ?
regards,
Company Seeks Guidance on Duty-Free Gear Export to China, Import Duty on Completed Wheelsets Only A company is seeking advice on exporting gears to a manufacturer in China for assembly into wheelsets and then importing the completed assemblies back. They inquire whether it is possible to export the gears as a free issue and subsequently pay import customs duty only on the assembled wheelsets, excluding the value of the initially supplied gears. (AI Summary)