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This update sets out a summary of significant Customs and related regulatory changes arising between April and June 2008, including:
- Updated prohibited commodities catalogue for processing trade;
- New customs inspection rules on bonded goods;
- Duty exemption on certain product exported into a customs supervised zone;
- New import customs duty for certain commodities;
- Domestic enterprises - "Levy and Refund of Import Duty & VAT" treatment;
- High-power wind generating sets - "Levy-First-Refund-Later" treatment; and
- Importation of large self-discharging trucks used in mines.
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Read more by downloading our China Customs & Trade News (Jun 2008) (pdf file, 61KB) for your reference.
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