A Brief Discussion on the Scope of Bulk Cargo Shipping, Customs Declaration Deadline, and Charter Business

When transporting goods, sometimes it involves the operation process of shipping bulk cargo by sea, which may not be very clear to beginners. If you want to do it for a long time, you need to have a proper understanding of some points, which will be helpful for future work. The operational process for shipping bulk cargo by sea is as follows:

1、 Transportation scope

1. Imported goods from major ports in the world that transport bulk and miscellaneous goods to Chinese ports (Tianjin, Guangdong, Qingdao), as well as exported goods from Chinese ports (Tianjin, Bayuquan, Yingkou, Qinhuangdao).

2. The common names and transportation vehicles for bulk cargo transportation include coal, mineral sand, grains, fertilizers, feed, barley, and other imported commodities, while exports include coke, bauxite, and other products.

3. The main modes of transportation, sea freight and whole ship transportation, are also charter transportation, and the value of goods involved in charter business is relatively low.

4. According to the CIF and FOB price terms of goods trade, the lessee is determined. There are three types of charter transportation methods, namely voyage charter, time charter, and bareboat charter. Freight companies mainly engage in voyage charter business. Pay the agreed freight to the shipowner.

2、 Transportation mode: The entire ship is divided into two types: Panamax (under 70000 tons) and Cape of Good Hope (over 80000 tons).

3、 Transportation Procedure

1. Received customer inquiries; When customers inquire about chartering transportation, they should be informed of the following issues.

(1) Transportation methods: Panamax and Cape of Good Hope ships;

(2) Port of shipment and port of discharge;

(3) The name and quantity of the goods;

(4) Loading and unloading rates;

(5) The waterline for loading and unloading ports;

(6) Expected transportation time;

(7) Customer unit name, contact person, telephone number, telex, email, fax, etc.

After understanding this information, inform the customer that the freight company will promptly report the rental shipping cost, as well as the fees for customs clearance and shipping at the port.

2. Understand the loading and unloading times of users

After the user and the freight company have verified the transportation agent and customs declaration agreement, the user will be notified in advance to provide a complete set of copies of the required customs declaration documents based on the arrival time of the ship at the unloading port.

3. Time limit for import customs declaration

Declaration shall be made within 14 days from the date of entry of the transportation vehicle. Customs will charge a late declaration fee for overdue declaration. If the tax is not paid within 14 days from the date of issuance of the tax invoice, customs will impose a late payment fee.

4. Inspection Procedure

Application for inspection - payment of inspection fees - entry and exit customs clearance form - water gauge measurement - sampling and testing - quality certificate. Customs declaration procedure, declaration inspection taxation release clearance.

5. Customs declaration and inspection documents

(1) Inspection documents, inspection authorization letter, inspection form, contract, invoice, foreign draft weight sheet, quality certificate.

(2) Customs declaration documents, customs declaration power of attorney, customs declaration form, contract, invoice, weight list, inspection clearance form, insurance policy, copy of letter of credit.

4、 Payment of charter freight

The payment of charter freight may not necessarily be synchronized with the terms of the contract, and should be determined based on the charter contract appraised by the shipowner. CIF and CNF terms, payment of freight on the day of departure to redeem the bill of lading; FOB terms require payment of freight within 10 days of departure or upon arrival at the destination port.

5、 Calculation of taxes and fees

(1) Import tariffs are mainly paid based on CIF price terms, while CNF and FOB price terms must be converted into CIF price for tax payment when calculating tariffs.

(2) Import tariff, dutiable value X tariff rate

(3) Import value-added tax: (dutiable value+tariff amount) X value-added tax rate Export tariff is based on the export tariff paid by the product according to the customs commodity tax regulations.

6、 The statutory fees to be paid include customs duties, value-added tax, and inspection fees.

7、 Port transit time

After paying the customs duties at the account opening bank, hand over a copy of the customs duty payment certificate to the customs. The customs will stamp the release seal on the bill of lading based on the payment certificate. At the same time, according to the user's shipment flow plan, the inland waterway shipping, railway, and highway plans will be prepared, and the release bill of lading will be handed over to the port business for processing.