Taxes on Imports: Customs Duty and Japan Consumption Tax (JCT)
At the time of import, Import Duty and Japan Consumption Tax (JCT) are imposed: ▶ Customs Duty: Calculated by applying the tariff rate to the declared customs value (Tariff rate varies by HS code). Check tariff rates at Japan Customs Duty Tariff Rates: JP Tariff Rates. The importer is responsible for paying the tariff on the […]
Streamlining Import Operations in Japan: Pre and Post-Company Establishment
At our company, we provide Attorney for Customs Procedure (ACP) services to numerous foreign corporations (without a presence in Japan) to enable our clients to become importers in Japan. As sales operations in Japan gain momentum, there has been an increase in client companies considering establishing a company in Japan. In this article, we would […]
Import Permit Document and Alert on IOR Services
The Import Permit Document holds significant importance in import clearance procedures. It serves as evidence for the deduction of Japan Consumption Tax (JCT). When filing periodic JCT returns, this document is necessary to claim deductions or refunds for the amount paid during import. It is crucial to ensure that the Import Permit accurately reflects the […]