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11 Aug 2016

Glossary: Classification of processing trade enterprises

 

Photo: Processing Trade
Photo: Processing Trade

Processing trade enterprises are classified into five categories, namely AA, A, B, C and D, according to the “evaluation criteria for consignors and consignees” in the management of customs declaration units. Category AA enterprises, in addition to enjoying other customs facilitation measures applicable to Category A enterprises, are eligible for release of goods on confidence principle. Category A enterprises are bonded factories with customs officers posted on-site and online links established with the customs office.

 

Related country: China

Related articles:

Related terms: processing trade, classification of processing trade goods

 

 

 

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