Import Plastics from China through EComm sites
Hello fellow Traders and Experts,
We are a small business wanting to import plastic goods from China. We have IEC and have done the usual deal involving bank and them approving the documents and then paying Alibaba.com and then Alibaba paying to the seller and finally paying duty and receiving goods.
Now we came across some other businesses like us just using Paypal to pay DHGate and sellers sending them stuff which they say is a lot quicker. We wanted to be cautious and make sure it is OK to do so.
How do you use Paypal account for such transaction? Personal or Business account linked with Paypal?
Can we resale the goods obtained this way?
How is duty charged (assuming DHL pays it directly)?
If you use personal account with Paypal, can you show it on your books for business account?
Lot of questions, but hope you guys can answer these. Thank you.