Request a Demo
Takehome:
Effective from Dec.1st 2017, 187 kinds of imported commodities including 16 kinds of beauty products will be subject to reduced tariffs.
To motivate consumers in the middle to high end cosmetic market, The Ministry of Finance of China will reduce import tariffs on 187 kinds of imported commodities. Among them, there are 16 groups of beauty products such as shampoo and toothpaste:
|
Tariff No. |
Product Name |
2017 Tariff Rate (%) |
Tariff Rate after Dec.1st (%)(tentative) |
|
33030000 |
Perfume and Floral Water |
10 |
5 |
|
33041000 |
Lip Make-ups |
10 |
5 |
|
33042000 |
Eye Make-ups |
10 |
5 |
|
33043000 |
Nail Make-ups |
15 |
5 |
|
33049100 |
Face Powder (no matter if compressed) |
10 |
5 |
|
33049900 |
Other Beauty Products (Cosmetics, Skin Care Products) |
6.5 |
2 |
|
33051000 |
Shampoo |
6.5 |
2 |
|
33052000 |
Permanent Wave Agent |
15 |
5 |
|
33059000 |
Other Hair Care Product |
10 |
5 |
|
33053000 |
Hair Styling Composition |
15 |
5 |
|
33061010 |
Toothpaste |
10 |
5 |
|
33061090 |
Other Teeth Cleaning Product |
10 |
5 |
|
33069000 |
Other Oral and Teeth Cleaning Agent |
10 |
5 |
|
33071000 |
Shaving Agent |
10 |
5 |
|
33072000 |
Deodorant and Antiperspirant |
10 |
5 |
|
33073000 |
Bath Salt and Other Bath Agent |
10 |
5 |
Reach24h Interpretation:
This is the third time China has reduced import tariffs since 2015. The Ministry of Finance mainly selected popular imported products which had a high tariff. Imported cosmetics in China will be now far more competitive, especially in the middle to high end market. Apart from tariffs, cosmetics are subject to added-value tax and consumption tax. Since Oct.1st 2016, China has stopped levying consumption tax on general cosmetics and reduced consumption tax from 30% to 15% on high end cosmetics.
We provide full-scale global cosmetic market entry services (including cosmetic registering & filing, regulatory consultation, customized training, market research, branding strategy). Please contact us to discuss how we can help you by 
