Chinese Woman Fakes Pregnancy With Prosthetic Belly, Tries To Evade Customs With Over 200 Intel Alder Lake CPUs

I thought this happened in India but it's in China and the motive was to avoid import duty ?

How high can it be in China to do something like this I wonder. In India i'm surprised it hasn't happened as yet.
 
blr_p said:
I thought this happened in India but it's in China and the motive was to avoid import duty ?

How high can it be in China to do something like this I wonder. In India i'm surprised it hasn't happened as yet.
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Am sure China would have their homegrowm cpu and gpu manufacturer which gives much cheaper and better machines but takes control of how you use it... This might be smuggled to cater to population who wants to own forin maal
 
animishticomb said:
Am sure China would have their homegrowm cpu and gpu manufacturer which gives much cheaper and better machines but takes control of how you use it... This might be smuggled to cater to population who wants to own forin maal
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So why not go buy it from a shop? I don't think these chips are banned in China or is China prohibited from getting them these days?
 
animishticomb said:
I have no idea I was just babbling... With something that sounded better in my mind than on the post
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Surprised at the high customs duty charged in China and it seems this smuggling happens only there

While China has exempted import duties for domestic semiconductor companies buying foreign equipment and inputs, it still charges import duties on finished chips. The general tariff on CPU imports is 24 per cent, with an additional VAT set at 13 per cent.
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From Jul last year

www.scmp.com

China arrests chip smugglers from Hong Kong amid global supply crunch

Two recent cases involving Intel computer chips smuggled across the Hong Kong-Zhuhai-Macau Bridge come amid soaring demand for semiconductors amid a global shortage.
www.scmp.com www.scmp.com

24+13=37% :oops:

How much is Indian customs duty on CPU's? 42?
lockhrt999 said:
At least she's not into gold.
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That's going on too

“International gold smuggling syndicates are bullish on India as it provides a high rate of return of more than 15% -- smuggling gold into India from Dubai and Taiwan and taking out the sale proceed through foreign currencies by hawala or in personal baggage of carriers,” a source said.
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timesofindia.indiatimes.com

Chinese dominate smuggling syndicate in India | India News - Times of India

India News: NEW DELHI: India has become a hot favourite for international gold smuggling syndicates which are also draining the country of its scarce foreign curr.
timesofindia.indiatimes.com timesofindia.indiatimes.com

I never thought Taiwan could become a source of gold smuggling into India
 
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blr_p said:
Surprised at the high customs duty charged in China and it seems this smuggling happens only there
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Surprised how? High import tax is a characteristic of any communist country.

blr_p said:
How much is Indian customs duty on CPU's? 42?
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Custom duty is 0% + 18% GST.

Surprised by lower custom duty? Unlike China, India has neither processor designer nor the fabrication facility. The world has reached 3nm, China has reached 7nm and last time India made microprocessors it was triple digit nm. India is about 30 years behind so it's not even worth investing in this sector.
 
lockhrt999 said:
Surprised how? High import tax is a characteristic of any communist country.
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If they make and export computers then why do they have higher import duties on CPUs than we do?

It ensures they build their own instead of importing
lockhrt999 said:
Custom duty is 0% + 18% GST.

Surprised by lower custom duty? Unlike China, India has neither processor designer nor the fabrication facility. The world has reached 3nm, China has reached 7nm and last time India made microprocessors it was triple digit nm. India is about 30 years behind so it's not even worth investing in this sector.
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Yes

If its that low then nobody is going to be smuggling CPU's into India
 
blr_p said:
If they make and export computers then why do they have higher import duties on CPUs than we do?
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I'm not sure I understand your point. But whatever experience I have importing and exporting from India, imported products which are meant to be exported back see net 0% custom duty. Same should be true for china.
 
lockhrt999 said:
I'm not sure I understand your point. But whatever experience I have importing and exporting from India, imported products which are meant to be exported back see net 0% custom duty. Same should be true for china.
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The average user in China pays more than anyone else in the world for the same item? That explains why CPU smuggling is happening only in China.
lockhrt999 said:
The world has reached 3nm, China has reached 7nm and last time India made microprocessors it was triple digit nm. India is about 30 years behind so it's not even worth investing in this sector.
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I think the military would disagree with you there :)

If you're going to blow something up, you want it reliable and well understood, cheap helps and you don't need the latest tech.

Think drones or missile guidance. How complicated do the chips they use need to be?

The best part is you made it and don't need to rely on anyone else
 
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