Taxes on Imports: Customs Duty and Japan Consumption Tax (JCT)
At the time of imports, basically the following taxes are imposed: Customs Duty: Calculated based on the tariff rate of the import declaration value, which differs by HS code. Check tariff rates at Japan Customs Duty Tariff Rates: Japan Customs Duty Tariff Rates. The importer is responsible for paying the tariff on the declared value. […]
2023 Happy New Year
Happy New Year! Thanks to the collaboration with all of you, 2022 was a very meaningful year for us. We started our company in 2020, and the start-up period went by very quickly. It ended up now we luckily work for our clients from five continents around the world! Taking a look into our company, […]
Customs Valuation System
Introduction The customs value of imported goods, which is the basis for the calculation of customs duties and import consumption taxes, is the most important thing that always arises at the time of import customs clearance and customs audit (post-clearance audit - PSA). By properly understanding the structure of laws and regulations pertaining to the […]
2021 Customs Audit Results in Japan (Case of Non-resident Imports Errors)
Every year in November, the Ministry of Finance publishes the results of the Customs Post Clearance Audit for the previous fiscal year. In this time, the results of the Post Clearance Audit during 1 year period from July 2020 to June 2021 have been released. One noteworthy thing different from previous years is that one […]