1. Should the declared amount be filled in as FOB or CIF price?

According toINCOTERMS 2025According to the latest regulations, the price column on the customs declaration form must be filled in.The actual transaction price of the goods。The specific principles to be noted when filling in are as follows:

• When adopting FOB terms: Declared value = Commodity value + Domestic transportation/packaging costs
• When adopting CIF terms: Declared value = Commodity value + International freight + Insurance premium
• Under special circumstances (such as DDP terms): it is necessary to confirm the handling method of overseas taxes and fees with the customs clearance agent.

2. What to do if customs valuation is not approved?

By 2025, China's customs will have fully implemented the reforms.Intelligent Pricing Review SystemWhen an enterprise encounters pricing review inquiries, it is recommended to take the following steps:

• Step 1: Provide complete transaction documentation
  • Consistency check between proforma invoice and commercial invoice
  • Bank payment and receipt records matching
• Step 2: Supplement the price composition description
  • Special discounts require a written explanation to be attached.
  • Related-party transactions require the submission of transfer pricing documentation.
• Step 3: Apply for Advance Pricing Ruling (recommended to be completed 30 days prior to shipment of goods)

3. Can Underreporting Prices Save on Tariffs? How Severe Are the Consequences?

According to data from the customs inspection department in 2025, cases involving false price declarations accounted for 32% of the total. Enterprises need to pay special attention to:

• Penalty Standard: Deviations exceeding 10% of the amount involved will face
  • A fine ranging from 30% to 200% of the goods' value
  • Downgrade of enterprise credit rating
  • The subsequent customs inspection rate has been increased to 80%.
• Compliance Recommendations:
  • Retain complete price supporting materials for at least 3 years.
  • Regularly update the HS code corresponding to the duty-paid price.

IV.Cross-border e-commerceHow is the declared price determined?

For B2C e-commerce exports, the new policy for 2025 requires:

• For single shipments with a value ≤ RMB 5,000: simplified declaration may be adopted.
  • Please provide a screenshot of the platform transaction.
  • The payment voucher must display the actual payment amount.
• For shipments with a single item value exceeding 5,000 RMB: Declaration must be made under general trade.
  • A supplementary declaration of the buyer-seller relationship is required.
  • Brand authorization involved requires separate remarks.

5. Which auxiliary costs must be included in the declared price?

In accordance with Announcement No. 1 of 2025 issued by the General Administration of Customs, the following costs must be included in the dutiable value:

• Royalties paid by the buyer (directly related to the imported goods)
• Resale revenue sharing (agreed before the goods enter the country)
• Special packaging design fee (not included in the product price)
• Installation and commissioning fees (portion incurred overseas under CIF terms)

It is recommended that enterprises clearly stipulate cost-sharing clauses in contracts to avoid subsequent price disputes.