China: Update of customs developments

China: Update of customs developments

The KPMG member firm in China has prepared a report that briefly summarizes the following trade and customs developments for the months of September and October 2015.

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  • The State Council issued guidance for integrating and optimizing various special customs zones in China.
  • The General Administration of Customs announced that from 25 September 2015, the regional customs clearance process can apply to all ports for goods entering and/or leaving special customs zones and bonded facilities.
  • The WTO facilitation agreement was ratified by China on 4 September 2015.
  • China’s General Administration of Customs issued rulings on the customs classification of certain goods and commodities.
  • The General Administration of Customs issued guidance for organizations that have obtained a uniform social credit number to register with the customs authority.
  • The General Administration of Quality Supervision announced that any entity or individual importing, or any foreign companies or its agent selling, measuring instruments must apply to the Measuring Administrative Department of the State Council for related approval.
  • The Shenzhen Customs launched a program at certain free trade zones, with participating entities conducing a self-evaluation of their due diligence within the last three years of import and export operations or related activities.
  • The Fujian Custom initiated a program in certain free trade zones, allowing for the release of goods after a procedural review of participating entities voluntarily providing pre-classification determinations.
  • The Hangzhou Customs launched a pilot program for the declaration, inspection, taxation, and release of cross-border e-commerce shipments.

 

Read a November 2015 report prepared by the KPMG member firm in China: Customs Policy Update - for the period from September 2015 to October 2015

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