Recently, the reporter learned from an imported furniture agent that the import furniture tariff will be raised soon. From April to May, imported furniture will face a new round of "price surge."
In order to confirm the true extent of the above information, the author has seen through the multi-party inquiry, and finally from the official website of the General Administration of Customs of China, an official regulation promulgated on March 31, which is clearly stated in the regulations and its accompanying forms, since 2012 From April 15th, the tax rate for solid wood furniture, leather furniture, rattan furniture and other furniture was adjusted to 10%. The Regulations are No. 15 of 2012 of the General Administration of Customs, which contains amendments to the “Regulations on the Classification of Imported Goods of the People's Republic of China†and the “Tax List of Imported Goods of the People's Republic of Chinaâ€.
Imported furniture is about to end the era of zero tariff
“Imported furniture is about to start paying a 10% tariff.†For this new regulation that was quietly released by the General Administration of Customs last week, many merchants engaged in imported furniture business and imported furniture enthusiasts said they were unaware of it. Lu Shui, general manager of Rochebobois Beijing, France, and Yan Yan, marketing manager of Natuzzi Asia Pacific, and Gao Furong, general manager of Weiler, Germany, also bluntly said that they have not yet received the relevant import tax rate. Notice of "from 0% to 10%". In fact, according to the WTO agreement, since January 1, 2005, China has cancelled the 7% tax rate on imported furniture and realized the “zero tariff†on imported furniture.
However, the author saw on the official website of the General Administration of Customs of China, "General Administration of Customs No. 15 of 2012 (on the revision of the "Industrial Commodities Classification Table of the People's Republic of China" and "People's Republic of China Goods Entry Duty Price List" "Regulations, but clearly indicate that since April 15, 2012, the tax rate for solid wood furniture, leather furniture, rattan furniture and other furniture has been adjusted to 10%. The Customs General Administration's revised “Regulations on Import Taxes on Inbound Passenger Luggage and Personal Postal Items†and the Customs Duty Price List for Incoming Passengers and Goods in June 2007 (General Administration of Customs Announcement No. 25, 2007) Announced) Abolished at the same time.
Is it true that imported furniture is about to end the "zero tariff" era? In this regard, Wang Lanyu, general manager of the ultra-comfort international home with a number of international furniture brand agents, said: Import tariffs on imported furniture is basically a foregone conclusion. Wang Lanyu also told the author that the customs department has no obligation to notify the merchants in advance when it introduces new regulations. Just like this tariff increase on imported furniture, even if the merchants do not know, they will charge according to the new regulations when paying import tariffs. There will be no buffer period.
In the second half of the year, some imported furniture prices will increase by at least 10%.
Import furniture tariffs increase by 10%, what is the close relationship with its terminal price? Regarding the relationship between tariff growth and furniture prices, consumers simply cannot see whether the “violent high-priced†brands that actually existed in the market will follow suit. In this regard, Super Comfort General Manager Wang Lanyu said that for most imported furniture brands with reasonable pricing, the upward adjustment of the tariff will undoubtedly set off their first round of "price surges" this year. Of course, there will be no price increase in a short period of time. One is a brand with a large inventory, and the other is a brand with a high price.
Then, when will this round of price adjustment for imported furniture start, and how big is the increase? “At least 10% increase. If you run into a foreign factory for the 'price adjustment' in 2012, it is likely to increase by another 5%-8%.†An import furniture agent who asked not to be named answered the author's question. He also said that many imported furniture brands actually completed 1-2 price increases in the second half of 2011, with an increase of around 5%. The price increase is a “fine-tuning†of the price within a reasonable range. The main reason is undoubtedly with foreign countries. The growth of raw materials, labor, transportation and other costs of the factory cannot be separated from the relationship.
In addition, Lu Qibao’s Lushui and Natuzi’s Qian Yan also said that although the price increase notice has not been received, if the tariffs rise, the furniture price is likely to start from the new tariff implementation period after April 15 , some adjustments.
Imported furniture "price increase" disguised as paving the way for domestic furniture
“Following the tariff increase of 10%, and then the cost of foreign manufacturers rose by 5%-8%. If it is not a super big name or a product with sufficient personality, I would rather buy domestic famous brand furniture.†Consumer Chen heard about import After the furniture price increase plan for 2012, it is said. However, Ms. Guo, a loyal fan of imported furniture, said that as long as the merchants raise prices reasonably, most consumers will not “betray†them. Consumers of imported furniture can still rationally face the increase in furniture prices. For example, 10% of the price increase is forced by tariff growth, and there is nowhere to hide; and 5%-8% of the price adjustment due to rising factory costs also belongs to normal phenomenon.
"Although the price increase of imported furniture is well-founded, the overall increase of 10%-15% is definitely a severe test for the brand." Super-comfort general manager Wang Lanyu also said that this is domestic The high-end furniture brand may be a good thing, for them to make a "yangguandao".
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