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China Customs & Trade News

Jun 2008

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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Contacts


John Robinson: Partner; Singapore; Tel: +[65] 6236 7318 Email
Damon Paling: Partner; Central China; Tel: +[86] (21) 2323 2877 Email
Colbert Lam: Partner; Hong Kong; Tel: +[852] 2289 3323 Email

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