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China has made legislative reform on commodities traded through cross-border e-commerce taking effect from April 8, 2016, which will greatly influence overseas businesses of different food sectors operating within this space. This report aims to analyze the new tax system for CBEC products and what can be imported through this channel.
Growth of CBEC Fueled by Loose Regulatory Environment
Regulatory U-TURN for CBEC Commodities
One Year Grace Period
Limits for Personal Purchasing of CBEC Commodities
New Tax System for CBEC Commodities from 8 Apr 2016
Food Products that can be imported through CBEC
Infant formula (listed in the first batch of positive list)
Other dairy products (listed in the first batch of positive list)
Other dairy products (listed in the second batch of positive list )
Health food (listed in the second batch of positive list)
Fresh food (listed in the second batch of positive list)