New rules on foreign trade in November

Small, medium and micro manufacturing enterprises can slow down their tax payments from November, relimate connector, idc socket and vga connector should be noted.

Several shipping companies have adjusted surcharges on GRI's two major western ports

Export to the Eurasian Economic Union will no longer enjoy preferential tariff  Uzbekistan has imposed zero tariffs on 82 imported raw materials and semi-finished products

Kazakhstan footwear goods must be affixed with a QR code

The United States has lifted travel restrictions on 33 countries, including China. Tourists from 46 countries and regions are exempt from quarantine

Guangdong implemented the Provisions on the Administration of Import and Export Goods, and the Regulations on the Administration of Self-Inspection of Medical Device Registration were issued and implemented

The RCEP3.0 version of the origin information management system went online  Export to Pakistan may issue certificates of origin under the FTA
Small, medium and micro manufacturing enterprises can slow down their tax payment from November

At an executive meeting of the State Council held on October 27, we deployed measures to slow down phased tax payment for small, medium and micro enterprises in the manufacturing industry, and further intensified efforts to rescue enterprises.The tax slowdown will take effect from November 1 this year to the end of the declaration period in January next year, which is expected to be about 200 billion yuan for small, medium and micro enterprises in the manufacturing industry.

The meeting decided that in the fourth quarter of this year, manufacturing small and micro enterprises and domestic enterprise income tax, domestic consumption tax and its attached urban construction maintenance tax, as well as individual industrial and commercial households, sole individual proprietorship and partnership pay individual income tax (excluding its individual income tax) phased tax delay.

The meeting made it clear:

For small and micro manufacturing enterprises (including individual industrial and commercial households) with an annual sales revenue of less than 20 million yuan, all the tax taxes they have realized will be deferred;

For medium-sized manufacturing enterprises with an annual sales revenue of 20 million yuan to 400 million yuan, the tax reductions will be reduced by 50%, and enterprises with special difficulties can specially apply for all tax reductions in accordance with the law.

In addition, in order to relieve the operating difficulties of coal, power and heating enterprises, the tax payment realized in the fourth quarter of this year was delayed, and the total tax reduction is expected to be about 17 billion yuan.The above tax relief measures will be deferred for up to three months.

02 Multiple boat companies adjust the GRI

Starting on November 1, Cosco, Changrong, Hyundai, Ocean Network Express and GRI from Asia to the United States.The general rate adjustment fee effective on November 1,2021 is the 21st general rate adjustment on the East Asia / US route since 2021.
03 Two major Western ports impose surcharges

In order to ease the port, Los Angeles and Long Beach, two of the most busiest U. S. ports, announced that they would impose surcharges on shipping companies for two types of imported containers staying at shipping terminals.

After the new policy, shipping are have to stay at port for nine days or more and need to be transported by rail for three days or more.

Port charges for both types of containers: $100 will be charged, an increase of $100 per day.

Export to the Eurasian Economic Union will no longer enjoy preferential GSP tariff benefits

According to the Eurasian Economic Commission, starting from October 12,2021, the Eurasian Economic Union will cancel the GSP treatment for the SECN goods, and the goods exported to the ASEEC members will no longer enjoy preferential GSP tariff benefits.From the same day, the customs will no longer issue GSP certificates of origin for goods exported to Russia, Belarus and Kazakhstan.
05 Uzbekistan has imposed zero tariffs on some imports

According to Uzbekistan newspaper network recently, Ukrainian President Mirziyoyev signed a presidential order on further expanding the production of competitive products, and decided to impose zero tariffs on 82 imported raw materials and semi-finished products by January 1,2024.

The raw materials and semi-finished products exempt from import tariffs include: castor oil, asbestos, sodium hydroxide (caustic soda), dye, artificial fur, artificial wax, paper and cardboard, cotton fabric, linen fiber fabric, battery, speakers, etc., a total of 82 kinds, related product list and customs code have been published on the official website of Ukraine legal database.

Query website: https: / / lex.uz/pdfs/5686220

Earlier, the Ukrainian government issued a cabinet order on October 7, to exempt tariffs on imported bananas, apples, pineapple, guava and other fruits by May 1,2022.
06 Kazakhstan shoes must be affixed with a QR code

From November 1,2021, all footwear goods circulating in Kazakhstan must be labeled with a Data Matrix QR code, and other countries (including Eurasian Economic Union countries) footwear goods will be banned from entering the Kazakhstan market.

The above regulation concerns all participants in the footwear goods market, from producers, importers to retailers.All market participants must log on the commodity label and traceability information system for registration procedures, and obtain the QR code automatically generated by the system.Importers must attach digital labels before customs clearance, either in the production country or in the customs bonded warehouse in Kazakhstan.For stock footwear items not digitally labeled, continued sales are allowed within one year (before November 1,2022).

Shoe companies can get useful information about digital shoe targets on the portal.

Website: markirovka.kz

07 The United States has lifted travel restrictions from 33 countries

U. S. President Joe Biden signed an executive order on October 25, lifting strict travel restrictions on China, India, South Africa, Brazil and most of Europe.The new policy will take effect on November 8.

The new policy requires almost all foreign tourists to be vaccinated with the new coronavirus before heading to the United States.Airlines will be required to check their vaccination before they board.Airlines must confirm the passenger's vaccination certificate as official and the date of vaccination at least two weeks before boarding.Any vaccine approved by the US health regulator will be accepted.

Recognised vaccines include Modena (Moderna), Pfizer / BNT, Johnson & Johnson (Johnson & Johnson), AstraZeneca (AstraZeneca), the Indian version of the AZ vaccine, Covishield, Sinopharmaceutical, and the Sinovac vaccine

Special U. S. travel restrictions were first implemented in early 2020 to curb the spread of the novel coronavirus, including non-American citizens from 33 countries (Britain, Brazil, China, India, Iran, Ireland, South Africa and 26 European Schengen countries) being banned from entering the United States during the outbreak.The lifting of the ban marks the end of strict restrictions imposed on passengers since early last year.

08 Visitors Entering Thailand from tourists from 46 countries and regions are free from quarantine

Tourists from 46 countries and regions who have completed COVID-19 vaccination and flown into Thailand will be exempted from compulsory quarantine, the Thai government announced late Monday night.

Thailand's Foreign Ministry released the list of the 46 low-risk countries and regions, including China, Malaysia, Cambodia, Singapore, Japan, South Korea, the United States, the United Kingdom, Spain, France, Germany, Australia and others.

Tourists from these low-risk countries and regions identified by the Thai government must be vaccinated for 14 days before boarding, have a negative nucleic acid test certificate and $50,000 medical insurance, and have a nucleic acid test after entry, and can be free from quarantine in Thailand after confirming the negative test results.

09 Guangdong has tentatively resumed commercial signing in Hong Kong

According to the National Immigration Administration, the National Immigration and Entry Administration has decided to trial and resume the business visa to Hong Kong in Guangdong province, and the applications will start from October 11.

Starting from October 11, some staff of enterprises and institutions and self-employed industrial and commercial business operators in Guangdong Province who go to Hong Kong to engage in business activities may apply to the entry, exit and entry administration department of the public security organs in Guangdong Province for a business endorsement to Hong Kong.Business endorsement holders should travel to Hong Kong through the Hong Kong Access program.

10 The Customs Regulations on the Classification and Administration of Import and Export Commodities shall be implemented

On September 18,2021, the General Administration of Customs issued Order 252: The Regulations of the People's Republic of China on the Classification of Import and Export of the Customs were deliberated and adopted at the administrative meeting of the General Administration of Customs on September 6,2021 and came into effect on November 1,2021.

See this article: http: / / zfs.customs.gov.cn/zfs/flgf/gfxwj19/3895906/index.html
11 The Regulations on Self-Inspection Administration of Medical Device Registration were issued and implemented

On October 21,2021, the CFDA issued Announcement No.126,2021, with the details as follows:

In order to strengthen the management of medical device registration, standardize the registration and self-inspection of registered applicants, and ensure the orderly development of medical device registration and inspection, according to the regulations on the medical device registration and filing (Order No.739), the registration and filing of in vitro diagnostic reagents (Order No.48 of the State Administration of Market Regulation), the State Drug Administration, which are hereby issued and take effect as of the date of release.

Original Announcement article: https://www.nmpa.gov.cn/xxgk/ggtg/qtggtg/20211022153823130.html

12 The RCEP3.0 version of the origin information management system went online

On the evening of October 15th, the RCEP3.0 version completed the updated deployment.This version realizes the function of issuing certificate of origin under the China-ASEAN Free Trade Agreement, and adds new functions of blocked coordination application, verification of blank certificate, ASEAN flow certificate application and certificate of origin and customs declaration, marking the comprehensive completion of the new generation of export visa system.

Open the "single window" standard version portal, click the origin of the standard version application ——, and you can see the relevant functions. Without login, you need to insert the IC card of China electronic port login system.

Special attention can be paid to the favored hindered coordination application system, which is applicable to the customs management of the favored hindered coordination of enterprises engaged in the certificate of origin business.Including the blocked coordination application and the blocked coordination query function module to meet the relevant business needs of enterprises to submit the blocked application online when the export is blocked under preferential trade, and apply to the customs for customs clearance coordination.
13 Export to Pakistan may issue certificates of origin under the free trade agreement

Recently, the General Administration of Customs announced that relevant Pakistani departments have accepted the visa of origin of China submitted by the Council for International Trade.On the basis of completing the preparations, CCPIT scheduled to launch the issuance of certificates of origin under the China-Pakistan Agreement from November 10,2021.This marks the realization that the trade promotion system has issued certificates of origin under various free trade agreements in China.

By applying for China-Pakistan free trade agreement certificate of origin, export to Pakistan products in Pakistan import can enjoy different degrees of tariff reduction: Pakistan on 45% tax has implemented zero tariff, for 30% tax will gradually achieve zero tariff in the next five to 13 years to achieve 5%, on January 1,202220% tax reduction.

The certificate of origin under the CCPIT China-Pakistan Agreement will be issued fully and electronic to provide independent printing service of the certificate.Enterprises can apply for the preferential certificate of origin under the China-Pakistan Agreement for free through the CCPIT online visa system or a single window of international trade.

 


Post time: Nov-04-2021