Trade Flock - How to Import Solar Panels From China? TradeFlock - Import Solar Panels Magazine | Page 14

Production of China Solar Panels China is the primary supplier of solar panels across the globe. The components utilized in manufacturing these panels such as polysilicon are very abundant in China. As a result, Silicon tetrachloride, costs as high as $84,500 per ton. But Chinese suppliers offer it at around $21,000-$56,000 per ton. GCL-Poly is the largest polysilicon provider which creates 65,000 tons yearly. The major producers involving photovoltaic cells (PV) in 2011 are also from China – Suntech, JA Solar, Trina, as well as Yingli, producing 2,400MW, 2,100MW, 1,900MW, and 1,700MW (additionally), respectively. It is also known that China was the finest and \major distributor of solar modules in 2011 Global Primary Ten Solar Module with corporations, inclusive of Suntech, LDK, Canadian Solar powered, Trina, Yingli, Hanwha Solar One, Jinko Solar and Sunneeg. Importing Terms Tax Tariff – It is the duty charged by the Chinese government for importing solar panels. Codes affiliated discov- er tariffs are found in the Harmonized Commodity Coding System. An importer/buyer should ana- lyze the succeeding regards with, tariffs as well as requirements before beginning the operation of sourcing solar panels from China: Customs Duty – It is the amount paid depending on the Tariffs imposed on certain items. This can be calculated based on the solar panel value, overall quantity, tariff classifications, and also, VAT (Value-Added Tax). Certificates – It includes the origin of the country certificate, description of goods ( about the quality of solar powered panels and corresponding tariff category), weight, Bill of Lading, insurance data, packing list, copies involving the invoice, as well as other special documentation that required from the importer. 14