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NEWS
AQSIQ Introduces Facilitation Measures for CBEC Customs Clearance
May 18, 2016
Since the release of China’s CBEC positive lists, CBEC stakeholders have been at the mercy of China’s regulators who have vacillated from pronouncements of extremely stringent regulation to announcements of extended grace periods that essentially amounted to a “business as usual” greenlight from authorities to CBEC traders.
Chinese Mainland
CBEC
NEWS
China Considers Backtracking on Disruptive CBEC Reforms
May 10, 2016
It’s been one month since the issuance and implementation of the new CBEC tax policy and positive lists for cross-border e-commerce in China. Guidance issued with the two batches of CBEC positive lists, clearly state that articles imported through CBEC bonded zones should have a clearance sheet. To obtain the “market-entry ticket”
Chinese Mainland
CBEC
NEWS
China's New CBEC Policy Triggers Product Price Rise
May 06, 2016
After the new CBEC tax took effect on 8 Apr, the tax for food & beverages as well as health foods increased by 11.9%. The tax primarily affects food orders less than 500 RMB in value. Previously, the tax rate for food was 10% but consumers
Chinese Mainland
CBEC
NEWS
China Ningbo CIQ New CBEC Policy Foreshadows Overall CBEC Development
Apr 22, 2016
Recently, China Ningbo CIQ circulated a document internally which states that at Ningbo port import requirements for general goods will also be applied to CBEC commodities (bonded import mode). When these goods enter bonded warehouses,
Chinese Mainland
CBEC
NEWS
China Introduces CBEC Transitional Measures
Apr 22, 2016
The past one month has witnessed the implementation of a series of measures for crossborder ecommerce in China which included an increase in taxation beginning from 8 Apr 2016 and also the issuance of the positive list.
Chinese Mainland
CBEC
NEWS
China Appends CBEC Positive List
Apr 18, 2016
On April 15, 2016, 7 days after the first batch of positive list was implemented (see CL news report on April 7, 2016), 13 ministries and commissions of China co-released the second batch of positive list for commodities traded through cross border e-commerce, which took effect from April 16, 2016.
Chinese Mainland
Food Supply Chain
CBEC
NEWS
China Gives Grace Period for CBEC Infant Formula
Apr 14, 2016
On 13 Apr China Ministry of Finance after listening CFDA’s opinions on this issue announced that it will continue to allow the import of unregistered infant formula through crossborder ecommerce until the 1st of Jan 2018.
Chinese Mainland
Infant Formula
CBEC
NEWS
China Releases Positive List for CBEC Traded Commodities
Apr 08, 2016
On April 7, 2016, 11 ministries and commissions of China including CFDA, AQSIQ, MOA, GAC, etc. co-released the “Positive List for Commodities Traded through Cross-Border E-Commerce (CBEC)”, which indicates that the commodities not included in the positive list are not allowed to be imported to China through CBEC. This new policy was formally implemented from April 8, 2016 together with the new import taxation policy on CBEC traded commodities (see CL News Report on Mar. 25, 2016).
Chinese Mainland
Infant Formula
Health Supplement
FSMP
Food Supply Chain
CBEC
NEWS
China to Impose Tax on CBEC Traded Goods from 8 April 2016
Mar 25, 2016
On 24 Mar 2016, China Ministry of Finance together with General Administration of Customs and State Administration of Taxation jointly announced the pending levy of a new import tax on cross-border e-commerce (CBEC) commodities from 8 Apr 2016. The new tax is designed to level the playing field between traditional retail channels and foster fair market competition.
Chinese Mainland
CBEC
NEWS
China to Cancel CBEC Tax-Free Policy
Feb 26, 2016
1. China is planning to levy tax on imported products available on cross-border e-commerce (CBEC) platforms. The amount of single order will be limited to 2, 000 RMB and the annual individual consumption of CBEC products would be restricted to 20, 000 RMB. 2. Commodities bought within the limit would be free from tariff but would be levied 70% of the value-added tax and consumption tax. Those exceeding the limit will be subject to the tax for general trade.
Chinese Mainland
CBEC
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