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One-Year Transitional Period for Cross-Border E-Commerce Retail Imports

Quoting an official in charge of the Tariff Department, the Ministry of Finance pointed out on its website that with the approval of the State Council, a one-year transition period will be granted for supervision requirements stipulated in the List of Cross-Border E-Commerce Retail Imports (both the first and second batches) (for details in Chinese, please see: http://gss.mof.gov.cn/zhengwuxinxi/zhengcefabu/201604/t20160401_1934275.html).

A one-year transitional period is offered to cross-border e-commerce retail imports to help enterprises adapt to the relevant supervision requirements, this official pointed out.  Until 11 May 2017, "bonded imports" entering the bonded zones in the 10 cross-border e-commerce pilot cities will be exempted from checks of their Customs Clearance Certificates. Import permits, registration or filing will not be required for first-time imported cosmetics, baby formula, medical equipment and special food products (including health food products and food for special medical purposes). Import permit, registration or filing requirements will also be exempted for "direct purchase imports".

For details of these supervisory measures during the transitional period and their explanations, please see:

http://gss.mof.gov.cn/zhengwuxinxi/zhengcejiedu/201605/t20160524_2013657.html

Content provided by Picture: HKTDC Research
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