On October 28, the General Administration of China (GACC) issued official notice to announce the final version of Measures of the Customs of China for the Administration of the Collection of Duties on Imported and Exported Goods (hereinafter referred to as “the Measures”) and Decision of the General Administration of Customs on Amending Several Regulations (hereinafter referred to as “the Decision”), and their implementation date: December 1, 2024. 

The legal basis of the two regulations is the Tariff Law of the People's Republic of China (latest version will come into force on December 1, 2024 as well), and the Customs Law of the People's Republic of China (2021 Amendment). The drafts of both regulations have been issued for public comments in August of 2024.

Key takeaways of the modifications:

·         the final version of the Measures shows quite a few wording and structural modifications, which provide more concise and clear statement. It clarifies the tariff calculation formula, relevant regulatory procedures, and processes for all stakeholders, and will be the most important supportive regulation for the newly-revised Tariff Law of the People's Republic of China.

·         In regards of the Decision, it elaborates the revision detail of some article details of 33 regulations that relate to or support the implementation of the Tariff Law of China, the main modifications include but not limited in aligning terms and definitions, revising details and specifying requirements etc. Comparing with the draft for comment, the final version of Decision also covers some new modifications.

Foreign stakeholders are advised to check the detail modifications of the Decision specifically in case of any direct impact, as it covering a full package of export/import regulations including but not limited to the supervision of the goods transited between customs office, tax reductions and exemptions for imported and exported goods, commodity classification of import and export goods, administration of goods temporarily imported or exported etc.

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