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When giving a quote, you must make sure to read it carefully
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TRACKING NO. 20251225 / GLOBAL Zhongshen Trade · 23+ Years of Expert Trade Agency
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Last month, I received a quote from the supplier and was eager to place an order since the price seemed reasonable. However, when the goods arrived at the port, I discovered that the quote didn't include the inspection fees and customs clearance fees at the destination port. All these additional charges added up to 18% higher than the original price! What details should I pay attention to when receiving a quote to avoid falling into such traps?
Evelyn LiYears of service：3Customer Rating：5.0
Cross-border Compliance SupervisorStart a Chat
From the perspective of customs compliance，the quotation must clarify three points: First，whether the HS code is accurate，which directly determines the tariff rate and regulatory conditions. Second，whether it includes all mandatory certification fees，such as 3C certification and the cost of obtaining an import license. Third，whether the transaction method is clear. EXW and DDP are completely different concepts in customs valuation. It is recommended that you require suppliers to separately list "compliance costs" in the quotation，including tariff estimates，commodity inspection fees，and special regulatory zone fees. Pay special attention to "tax-exclusive" quotations，which may mean that you will bear all import-related taxes，while the tariffs for some goods can exceed 30%.
Eric ZhouYears of service：6Customer Rating：5.0
Senior Manager of Foreign Exchange & Tax RebatesStart a Chat
The hidden costs in the logistics process are most easily overlooked. First, when receiving a quote, confirm the Incoterms? terms. The FOB price does not include shipping and insurance fees, while the CIF price includes shipping and insurance fees, but may not include the THC fee and customs clearance fees at the destination port. Second, check the loading and unloading terms. The handling fees for bulk cargo and containers vary greatly. Third, confirm the validity period of the quote. Shipping prices change weekly. It is recommended to ask suppliers to provide a detailed quote: product cost + domestic freight + international freight + insurance + estimated miscellaneous fees. Be particularly vigilant against "all-inclusive prices". Make sure to obtain a breakdown of the fees to avoid destination port agents charging exorbitant prices.
Linda GaoYears of service：7Customer Rating：5.0
Documentation SupervisorStart a Chat
In business negotiations, the clarity of the quotation directly reflects the supplier's professionalism. Firstly, the payment method needs to be specified in detail. Is it 30% prepayment + 70% payment upon receipt of the bill of lading copy, or a letter of credit? The cost of capital differs greatly between these two methods. Secondly, the delivery period should specify whether it is "working days" or "calendar days", and whether it includes the production preparation time. Thirdly, the warranty terms and claim procedures must be clearly stated upfront. It is recommended to confirm this in writing via email: "Please confirm that the above quotation includes all fees, and there will be no additional charges in the future." After obtaining this written confirmation, if the other party raises prices unexpectedly, you will have bargaining leverage. Remember that ambiguous quotations are often the beginning of traps.