date:Jul 08, 2013
aw, Sophie would face an import duty of 10 percent if imported as a rubber item and a value-added-tax (VAT) of 17 percent. If it is imported as an animal toy, there is no import duty but the VAT still applies. Transport and distribution costs would also apply.
Shanghai Tongzhen Trading Co. sells the toy for $27 on Chinese e-commerce platform Jingdong Mall.
After China announced the investigation into infant formula, Swiss food company Nestle and French rival Danone said they will cut the price