10 Jan 2020
China Adjusts Declaration Requirements for Goods Entering and Exiting Special Customs Supervision Areas Under Preferential Trade Agreements
The General Administration of Customs (GAC) has recently issued new management measures for goods from special customs supervision areas and bonded sites imported for domestic sale under preferential trade agreements. The changes, which come into force on 1 January 2020, are intended to make it easier for such goods to enjoy preferential duty treatment and further optimise the business environment.
The process of filing an application for conventional or preferential rates when the goods are transported out of a special customs supervision area (site) for domestic sale has been simplified. The imported goods consignee or agent no longer needs to fill out the Customs Declaration Form or the Record-Filing List for Inbound Goods required by Specification for the Completion of Customs Declaration Form for Imported/Exported Goods, except as otherwise required by law.
Full details can be found in the Announcement on Adjusting the Requirements for the Declaration of Goods Entering and Exiting Areas (Sites) Under Special Customs Supervision Under Preferential Trade Agreements, issued recently by the GAC.
Source: General Administration of Customs