進(jìn)出口業(yè)務(wù)結(jié)算方式-wenkub.com
2024-08-31 17:39 本頁(yè)面
【正文】 s fee was based on an hourly rate plus the travelling expenses. The surveyor, armed with a letter of authority from the pany, visited the buyer unannounced, following the pany39。s way in the undervalue arrangement. The undervalue arrangement uses two sets of documents. For example, an importer contracted 1,000 pieces of product X at FOB US$8 each for a total of US$8,000. The importer may want to declare 25% only (10% to 50% of contract price is declared usually in the undervalue arrangement) or at US$2 each for a total of US$2,000. One set of documents will show 1,000 pieces of product X at US$2 each for a total of US$2,000, while the other set shows the true value. The importer opens an L/C for US$2,000 and remits the US$6,000 balance by T/T. Following the foreign exchange control procedures on exports, the exporter must surrender a total of US$8,000 inward remittances to the government. While at the destination port, the importer pays the duties and taxes based on US$2,000, plus the ancillary expenses required in the arrangement. If the importer is caught at the port of destination, shipments may be seized by the customs. The importer has to buy the dollar from the black market and remit it by T/T through a third country. Most often the T/T will not reach the exporter on the agreed time. Quite often, the shipment date arrives before the T/T reaches the exporter. The undervalue arrangement hinges on mutual trust between exporter and importer. The importer has to be very careful because there is a danger that the exporter may run off after receiving the T/T. In the event of a so
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