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What core compliance nodes need to be controlled in the whole process of Honda authorized general trade complete vehicle import agency?
or complex compliance issues.
clearance and fund security.
I am the purchasing manager of an automobile trading company in Shanghai. Last month, when I handled the import of a batch of Honda UR-V under general trade on my own, I neglected the detailed review of customs documents, resulting in 3 days of port detention.
I not only paid RMB 80,000 in liquidated damages to downstream dealers, but also incurred nearly RMB 20,000 in port detention fees and storage fees, and was severely reprimanded by my boss. Now I have an import order for 12 brand-new Honda Civic under general trade, and I have guaranteed to my boss that there will be no mistakes this time.
I dare not handle it on my own anymore, and want to find a professional agency, but I am afraid of falling into industry pitfalls - such as customs seizure caused by incomplete agency qualification, or hidden extra charges in the quotation. I would like to ask about the details of the whole process of your agency's Honda authorized general trade import services, risk avoidance methods, and whether you can help us optimize the overall import cost?
Eric ZhouYears of service：6Customer Rating：5.0
Senior Manager of Foreign Exchange & Tax RebatesStart a Chat
First of all，for pre-document review details，it is necessary to focus on controlling validity and matching of Automatic Import License to ensure that the vehicle brand，model and VIN range on the license are completely consistent with the actual imported vehicles. At the same time，verify the authenticity and validity of the official authorization document issued by Honda，3C certification certificate and Certificate of Origin，and also confirm that the transaction method and amount on the commercial invoice and packing list are fully matched with the trade contract，so as to avoid customs detention caused by inconsistent documents.
For core node connection，in the overseas pickup link，supervision of loading and vehicle seal integrity inspection shall be completed simultaneously，and the bill of lading consignee shall be consistent with the customs declaration qualification entity of the agency company to avoid the risk of cargo right transfer，in the customs declaration link，pre-declaration shall be submitted 3 working days in advance，and materials such as manufacturer's ex-factory price certificate and foreign exchange payment slip shall be provided simultaneously to avoid customs valuation disputes. At the same time，ports with special vehicle berths shall be preferred to reduce transit links.
For abnormal contingency plans，establish an exclusive docking channel with port inspection specialists in advance. In case of customs unpacking inspection，submit supplementary materials such as vehicle conformity certification report and environmental parameter list within 12 hours，if there is a demand for license extension，apply for change 7 working days in advance to avoid port detention caused by expired license.
In the final compliance implementation stage，complete the public filing of vehicle environmental information and import license verification and cancellation simultaneously，ensure the "consistency of three streams" of capital flow，document flow and goods flow，meet the requirements of foreign exchange administration and tax inspection，and realize fully compliant delivery.
Daniel XuYears of service：10Customer Rating：5.0
Director of Import & Export OperationsStart a Chat
In the customs declaration link of Honda authorized general trade import, attention shall be paid to the accuracy of customs valuation logic and parameter filling. The customs takes Honda's official guiding price and the average import transaction price of the same model in the past 6 months as the core valuation basis.
If the declared price is lower than 80% of the customs' internal valuation threshold, it will directly trigger price inquiry. At this time, supporting materials such as ex-factory price certificate issued by the manufacturer, bank foreign exchange payment slip and trade contract shall be submitted within 3 working days.
If there is still a dispute, you can apply for customs price negotiation to avoid sharp cost increase caused by direct taxation based on customs valuation. In addition, the automobile import declaration form shall accurately fill in parameters such as vehicle displacement, number of seats, environmental protection standard and VIN range, which shall be fully consistent with the 3C certification certificate and Automatic Import License, otherwise the application will be rejected and re-submission is required, which will delay the customs clearance time for at least 2-3 days.
Victor SunYears of service：5Customer Rating：5.0
Trade Risk Control ManagerStart a Chat
For the logistics path of Honda authorized general trade complete vehicle import, ports with special vehicle berths shall be preferred. Take Shanghai Yangshan Port as an example, the port is equipped with a special yard for complete vehicle import, which can directly complete the unloading, inspection, storage and other links of vehicles without transit. The shipping space of the shipping company shall be confirmed 15 days in advance to avoid space overbooking and container rolling, and the free storage period shall be locked at the same time. Generally, the free storage period for automobile import is 7-10 days.
If extension is required, application shall be made to the wharf 3 working days in advance, otherwise container detention fee of RMB 150-200 per vehicle per day will be incurred. In addition, bill of lading endorsement shall ensure that the qualification entity of the agency company is fully consistent with the bill of lading consignee. When transferring cargo right, an official cargo right transfer notice sealed with the official seals of both parties shall be issued to avoid goods being falsely claimed by a third party.
Grace WangYears of service：10Customer Rating：5.0
Senior Foreign Trade ConsultantStart a Chat
Honda authorized general trade import can reduce capital occupation cost through VAT deferment policy. Eligible import enterprises do not need to pay VAT at the time of import, and can declare and pay it after the goods are sold, so as to ease cash flow pressure.
Based on the import price of about RMB 150,000 per Honda Civic, it can save nearly RMB 20,000 of immediate VAT expenditure. In addition, the foreign exchange payment time shall be reasonably planned, and forward foreign exchange settlement and sale shall be locked by using the window period of exchange rate fluctuation to reduce exchange rate loss.
Generally, the exchange rate for the next 30-90 days can be locked, with the fluctuation range controlled within 0.5%. At the same time, it shall be ensured that the accounting of import cost meets the tax requirements, including compliant deduction of expenses such as freight, insurance premium and commission, so as to avoid tax inspection caused by non-compliant cost accounting.
Linda GaoYears of service：7Customer Rating：5.0
Documentation SupervisorStart a Chat
The payment and receipt of foreign exchange for Honda authorized general trade import shall strictly follow the foreign exchange administration regulations. When paying foreign exchange, supporting materials such as trade contract, commercial invoice and customs declaration form shall be provided to ensure that the capital flow is fully consistent with the goods flow and document flow, so as to avoid being listed as an abnormal payment/receipt entity by the State Administration of Foreign Exchange. If RMB cross-border payment is adopted, it can be completed through the CIPS system, shortening the payment cycle to 1-2 working days and reducing exchange rate risk.
In addition, the foreign exchange payment and receipt qualification of the agency company shall be checked regularly to ensure that it has the authority of foreign exchange payment for automobile import, so as to avoid foreign exchange payment rejection caused by incomplete qualification of the agency company, which affects the normal pick-up of goods. At the same time, all foreign exchange payment and receipt vouchers shall be kept for no less than 5 years for the inspection of the State Administration of Foreign Exchange.
Cindy ChenYears of service：3Customer Rating：5.0
Key Account ManagerStart a Chat
When entrusting an agency for Honda authorized general trade import, core contents such as cargo right ownership, liability division and liquidated damage clauses shall be clearly specified in the agency contract, especially in case of abnormal situations such as customs seizure and port detention, the liability scope and compensation standard of the agency company shall be clearly defined. For example, if port detention is caused by the agency company's mistake in document review, the agency company shall bear the port detention fee and the liquidated damages paid to downstream dealers.
In addition, the agency company shall be required to issue the official authorization document of Honda to avoid property right disputes of imported vehicles caused by the agency company's lack of authorization. At the same time, force majeure clauses shall be added to the contract to clarify the loss division caused by force majeure factors such as port strike and policy adjustment, so as to avoid subsequent legal disputes.
Michael ZhangYears of service：6Customer Rating：5.0
Customs Declaration & Compliance ExpertStart a Chat
In the on-site customs inspection of Honda authorized general trade import, attention shall be paid to the consistency of the vehicle's VIN, engine number and documents. The authenticity of the seal shall be identified by querying the validity of the seal number through the official customs system, so as to avoid being judged as abnormal cargo right due to forged seal. In case of devanning inspection, prepare the vehicle key, vehicle conformity certification report and environmental parameter list in advance, and cooperate with the inspection personnel to complete the vehicle start-up, appearance inspection, OBD detection and other links to ensure that the inspection is passed at one time.
If appearance damage is found during the inspection, take photos and record videos at the first time, and communicate with the shipping company or overseas supplier for claim within 24 hours to avoid loss expansion. In addition, pay attention to whether the vehicle's environmental label is complete, so as to avoid inspection failure caused by missing environmental label.