Page 3 - International Trade

Risks, Red Flags of Modification Export and How to Protect Your Business, uncover the dangers of tax evasion, document fraud, and customs seizures in the overseas car market, and learn actionable steps to avoid falling victim to these fraudulent schemes.

Recently, the overseas car import market has seen a surge in brand-new Chinese vehicles being offered at suspiciously low prices. While this might seem like a golden opportunity for buyers, it often hides a dangerous and illegal practice known as "modification export for passenger vehicles."

This article focuses on the risks of modification exports, specifically for gasoline-powered cars, which are subject to China’s 10% purchase tax. Notably, new energy vehicles (NEVs), such as electric cars, are exempt from this tax, making them less vulnerable to illegal export practices.

We’ll explore the dangers of modification exports, their impact on global buyers and legitimate exporters, and how you can protect your business from falling victim