China Customs Authority Conducts Pilot of Independent Customs Declaration and Tax Payment for Imported Goods
China Customs Authority Conducts Pilot...
China Tax Alert - Issue 30, November 2016
The General Administration of Customs (GAC) will reform the existing customs clearance procedure for imported goods, according to a GAC Circular on Carrying out Pilot Reform of Tax Collection and Administration Procedure issued on 29 October 2016. Under the current procedure, review of customs declaration is required before goods are released. This reform is designed to further improve customs clearance efficiency.