Categories
Uncategorized

Will customs investigate if you are selling your product at your claimed retail price?

Hi, I'm a new seller and recently found out theres a 20% tax rate to import my product.. 10% duty rate + 10% consumption + excise tax. If I claim my retail price is $20 and end up selling it for $30, what would/could happen to my product? Can I start it at $20 and increasing it a few weeks later?

Edit: I just realized this wouldn't work. The freight forwarder would ask for your product listing and you would have to lower your retail price temporarily every time you arrange a shipment.

submitted by /u/ImInYourHair
[link] [comments]

Leave a Reply

Your email address will not be published. Required fields are marked *