Collecting Import/Export Commission?

Question

I am a Small Business. My customer buys goods from a China supplier I recommended. The supplier pays me commission. If the customer make payment to my company account and I keep my portion and wire the supplier's part to the supplier, and I pay GST for the portion I earn, it is kind like the customer and supplier use my bank account transferring fund, does this work in terms of import/export and RCA regulation?

My company is in manufacturing consulting. This is a real business. I know both of the customer and supplier for years. The customer will buy directly from the supplier. I am just a kind of mid-man collecting the commission for consulting works I've done on qualifying the design and product quality. The customer and the supplier directly involve in import/export. I just use my business account to transfer the fund and keep my small portion to avoid back and forth T/T and make sure both of the customer and the supplier satisfy with each other.

Answer 1

you should not have any problems as long as all parties involved are legitimate. if you have been doing this any amount of time im sure you are aware of the due deligence process. if you have gone through the proper chanels to register your business you should not have any problems using your account as a means to transfer funds (as long as it is a business account),. you need to keep excellent records of negotions and purchase agreements, customs documents, bank statements, expenses, etc., as all of this affects your tax liability.

Answer 2

If this business is something you're just starting and something you found on the Internet, be very careful that you don't get scammed - wire their share off to them, then the check to you bounces and you're out whatever you sent to them.

There are certainly legit ex-in businesses, but you really have to know what you're doing. Your question sounds more like you don't really know much about export-import and are ripe for being scammed.