According to the 2021 cotton import sliding tariff calculation formula and the customs applicable exchange rate in January (6.5355), when the imported cotton price is above 97.17 cents/pound (including 97.17 cents/pound), the duty-paid price is about 14,000 yuan/ton ), the sliding tariff is levied at a fixed rate of 280 yuan/ton; when the foreign cotton price is between 52.17 cents/pound and 97.17 cents/pound, the sliding tariff is applicable; and when the foreign cotton price is lower than 52.17 cents/pound , it will be levied at a fixed tax rate of 40%. See the table below for details:
</p