Mortality

  1. Mortality Default Allowance is 5%. 

   2. When product arrives with rates exceeding any of the above, the Seller must pay credit according to the following policies:

  • Seller credits Buyer for 100% CNF value of mortalities in excess of the allowance rate.

Spoiled/Rotten Product

  1. Claim valued at 132 % of CNF Price = [Total CNF Value + Total Taxes Paid * (Customs Tax % + VAT %) + Delivery Charges (CNF Price * 4.5%)]

** Customs Tax:14%

** VAT: 13%

** Delivery Charges: 4.5%

Damaged Product

  1. Damaged Default Allowance (broken shell) is 5%.

   2. If the actual damaged rates are in excess of the allowance: the claim will be valued at 132% of CNF Price = [Total CNF Value + Total Taxes Paid * (Customs Tax % + VAT %) + Delivery Charges (CNF Price * 4.5%)]

** Customs Tax: 13%

** VAT: 14%

** Delivery Charges: 4.5%

Auction Time

Prices go live at 14.00PM Beijing time (T-1 days to arrival).

Cut-off Time of Documentation 

Product cut-off time is 17.00 PM Beijing time (T-5 days to arrival)

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