importing tshirts from China
Post 1 of 2
Hi,
i am in the process of getting 2000 tshirts printed and sent over from china and this is my first time dealing with an overseas business/import
I have been given a CNF cost and am lead to beleive taht the only costs i need to worry about now are m end; import duty/vat courier from uk port (dover) to my address. is this correct.
what sort of costs on top of what i have been quoted from the supplier should i be looking at?
any help, especially from anyone who has done the same would be much appreciated!
Post 2 of 2
Yes, since the delivery terms are CNF Dover, you basically only have
to worry about import duty/VAT and transportation of goods from the
port to your warehouse or office. Consider storage costs if you do not
have large enough premises.
Also, there will be incidental charges:
(a) Bank charges, if documents are negotiated thru a bank.
(b) Shipping company/forwarder charges: paying the shipping company/forwarder a certain amount when exchanging the B/L for a delivery order.
Since this is your first deal, keeping a "buffer" will help you. At the end of the day, if you do not end up paying too much,
it all goes into your profit.
Hope this helps.
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