Comparing China’s high wine tariff
CHINA’S mainland
Tariff on bottled wine is 14%. Added are a 10% consumption tax and 17% VAT.
All are applied to the CIF (Cost, Insurance, Freight) price, bringing total tax to 48.2%.
Import duty on bulk wine is 20%.
Hong Kong
No import duties.
Singapore
A rate formula is applied to all alcohol imports.
Duty = Quantity in liters X S$88 X percent of alcohol strength (proof)
Example: 100 liters 19% proof Port wine. Duty = 100 X S$88 X 0.19 = S$1,672 (US$1,335)
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