Do you want to have an idea about how much it is going to cost you to ship from China to UK?
Things turned topsy turvy when the COVID-19 pandemic hit the world. However, everything is back to normal now! Shipping between UK and China is not as complex as people thing. Nevertheless, there are certain things to learn if you want the process to be hassle-free, precise, quick and cost-effective.
It is essential to learn how to calculate the right shipping cost, what kind of duties and taxes are required, what shipping documents need to be prepared. Any issues in any of these steps can result in a big loss.
Chapter 1: Things you Need to Prepare before Importing from China to UK
Before you even start your sourcing process, it is important to know what documents and specifications you need to check before importing from China to UK. Even if you hire a sourcing agent to help you out, it is good to be prepared. After all, if you don’t know what is happening, you will not be able to make sure everything is going in the right direction.
In this chapter, we will talk about the things you need to import from China.
1. Check the Products Whether they Are Allowed in UK and if You need a License or Not
By this time, you may have decided on the product you want to import. It’s time to make an important decision and check whether the goods are allowed to import from China into UK.
While there are some goods, you can freely import without a license, but there are some cases where you may be required to get a license in importing goods to UK.
There are three types of restrictions that you need to understand—inspections, bans, and quotas. Products that come under the category of the inspection will need to have all the certifications required for Inspection and have to go under a detailed inspection process.
Products that are banned cannot be shipped in any condition. You need to pass the inspection and obtain a shipping license. Whereas for quota, you can only ship specific goods which are not greater than the stated quota.
It is therefore essential to keep a record of any goods you import so that when you want to import further products from China to UK, you know exactly what you are bringing into the country, and the quantity.
2. Find out Commodity HS codes for VAT or Duty calculations
Finding out how to look for HS commodity code for VAT in the UK is no longer that difficult. What HS code means is the Sales Tax that must be paid on certain types of commodities. Commodity prices fluctuate according to the value and the supply and demand in the market.