|
New Customs regulations No. 33 relating to shipments of samples and advertising articles in and out of China
The General Administration of China Customs has released a new regulation No. 33 that took effect on July 1, 2010. The objective is to further monitor import and export of samples and advertising articles to China.
Changes in new regulation on import and export of samples and advertising materials:
-
Limit on value for exemption of duties and taxes: The previous exemption of customs duties, VAT and taxes (“Taxes”) for samples and advertising materials not exceeding RMB400 in value is abolished so such shipments will be charged the appropriate Taxes, based on the commodity HS Code.
Exemption of Taxes now applies to shipments fulfilling these criteria:
1) The import and export taxes are lower than RMB 50; and/or
2) It is declared as samples and advertising materials with no business value, such as mutilated clothing or a single shoe with a hole in the sole. This is subject to verification by Customs.
Therefore, shipments of samples and advertising materials not exceeding
RMB400 in value may be subject to Taxes.
-
Importer or exporter registration code requirement: The new regulation requires an importer or exporter registration code (a 10-digit code) to be reported in the customs declaration of all consignments. The exceptions are documents and personal effects.
To minimize the effects of this new regulation on your shipping, FedEx recommends oversea shippers to provide accurate and detailed descriptions of the goods being shipped.
|