英文版进出口结算方式(3)

时间：2007-01-18 06:19:02

（单词翻译:单击）

Combination of Letter of Credit and Telegraphic Transfer
A combination of letter of credit (L/C) and telegraphic transfer (T/T) is a popular means of payment in the undervalue arrangement. The undervalue is an illegal way of reducing or avoiding the import duties and taxes by underdeclaring the price of imported goods. It is a sneaky way of bringing the landed cost of imported goods to a competitive level. The undervalue is being practiced in certain less developed countries, usually involving items whose import duties are relatively1 high. There is no need to undervalue the goods if the import duty is 10% or less. Sometimes, an item having a 15% rate of duty may not need to be undervalued too, depending on the method of import duty and sales tax calculations in the importing country.

    The undervalue arrangement is highly risky2. To avoid trouble the exporter should refrain from using this arrangement. Governments do not encourage exports by undervalue. If an exporter does not violate the foreign exchange control and tax laws of the exporting country and international laws such as copyright and patent, the government of the exporting country usually will not step into the exporter'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 remits4 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 remittances5 to the government. While at the destination port, the importer pays the duties and taxes based on US$2,000, plus the ancillary6 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 remit3 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.


分享到：


点击收听单词发音收听单词发音  

1 relatively bkqzS3     
adv.比较...地，相对地
参考例句：
  • The rabbit is a relatively recent introduction in Australia.兔子是相对较新引入澳大利亚的物种。
  • The operation was relatively painless.手术相对来说不痛。
2 risky IXVxe     
adj.有风险的，冒险的
参考例句：
  • It may be risky but we will chance it anyhow.这可能有危险，但我们无论如何要冒一冒险。
  • He is well aware how risky this investment is.他心里对这项投资的风险十分清楚。
3 remit AVBx2     
v.汇款，汇寄；豁免（债务），免除（处罚等）
参考例句：
  • I hope you'll remit me the money in time.我希望你能及时把钱汇寄给我。
  • Many immigrants regularly remit money to their families.许多移民定期给他们的家人汇款。
4 remits 8d38cfe57154d705b46f2fd6a39331f2     
n.职权范围，控制范围，影响范围( remit的名词复数 )v.免除（债务），宽恕( remit的第三人称单数 )；使某事缓和；寄回，传送
参考例句：
  • He remits home every month. 他每月汇款回家。 来自《现代汉英综合大词典》
  • Second, company remits are far more global than that of the average job seeker or sovereign. 其次，较之普通求职者或一国政府，企业的活动要全球化得多。 来自互联网
5 remittances 1fe103ae250a4b47c91d24b461c02b7f     
n.汇寄( remittance的名词复数 )；汇款，汇款额
参考例句：
  • He sends regular remittances to his parents. 他定期汇款给他父母。 来自《简明英汉词典》
  • Remittances sometimes account for as much as 20% of GDP. 在这些国家中，此类汇款有时会占到GDP的20%之多。 来自互联网
6 ancillary EwCzg     
adj.附属的，从属的
参考例句：
  • The transport corps is ancillary to the infantry.运输队是步兵的辅助部队。
  • This is just an ancillary business.这仅仅是一项辅助业务。

©2005-2010英文阅读网