China Tax Alert - Issue 6, April 2015
Recently, key points about the amendment to the Customs Tariff in 2016 were conveyed by the General Administration of Customs to all regional Customs offices. Some of the offices have issued announcements to the public in order to collect amendment proposals from enterprises. KPMG suggests that enterprises investigate their import and export commodities which are related to the key points of the Customs Tariff amendment in 2016. They can submit their amendment proposals to Customs, analyzing the beneficial impact that the import duty rate or export VAT refund rate can have on their domestic and international success.