Notice! These Countries Vigorously Cracked Down On Low-valued Invoices, By Networking With Chinese Customs!

- Jan 11, 2019 -

The buyer asked for the invoice amount to be lower than actual, and everyone has seen it more or less. However, some countries have exchanged data with Chinese customs, and the main purpose is to strictly crack down on low-cost customs declaration.


1 Pakistan
Not long ago, according to the Economic and Commercial Counsellor's Office of the Chinese Embassy in Pakistan, such a news was released:

Pakistan’s “Dawn” reported that Pakistan’s Minister of State, Hamad, said that the Pakistani Federal Taxation Commission had received China’s exports to Pakistan during the three months from July to September 2018, which was exchanged by the Chinese customs authorities in the Weboc electronic system. digital data. Kazakhstan said that this is a major breakthroug

h for China-Pakistan electronic data exchange cooperation, which will effectively slow down the low-price customs declaration that the current trade faces, and help to raise the country's taxation level.

On April 30 this year, China and Pakistan jointly announced the opening of the electronic data exchange system. After the Pakistani Prime Minister’s visit to China in November, China and Pakistan signed a memorandum of understanding again, and electronic data exchange entered the actual operation.

China and Pakistan will exchange export data once a quarter to combat low-price customs declaration.

1

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News that can be refered to for Pakistani guests:
Https://www.dawn.com/news/1451109

In April 2018, China's General Administration of Customs announced No. 29 of 2018. Since April 30, 2018, the "China-Pakistan Origin Electronic Information Exchange System" was officially launched, real-time transmission of the origin of the Agreement. digital data.

It is reported that the Pakistani Customs attaches great importance to the FOB price of the goods. The customs clearance amount declared by the local importers in Pakistan must be consistent with the export amount declared by the Chinese exporters to the Chinese customs in order to successfully complete the customs clearance. Otherwise, local Pakistani importers will be fined. The exporter’s certificate of origin will also be re-certified by the Pakistani Customs, so that the domestic commodity inspection authorities will also investigate the domestic enterprises!



2 Philippines

The Philippines is also shared with Pakistan.

In March 2018, the Philippine Customs and China Customs agreed to establish a data exchange system to facilitate the timely sharing of trade information and help the two countries to carry out anti-smuggling and anti-tax evasion activities.

3

News that can be refered to for Philippines guests:
https://www.sunstar.com.ph/article/423287

The value recorded by the Philippine Customs from China is significantly different from the value recorded by the Chinese Customs for export to the Philippines. In 2010, the difference was as high as 60%, 57% in 2015, 48.7% in 2016, and 48% in the first seven months of 2017.

Therefore, the Philippine side requested the Chinese Customs to transmit the import and export data of China and the Philippines between 2015 and 2017, and the monthly and quarterly import and export data of the Philippines in terms of commodities in 2018.

Although there is no news yet that such a system has been launched, it is clear that the Philippine Customs has been very concerned about the underreporting. If you encounter a Philippine customer opening, you need to do a 50% invoice amount, or carefully measure the risk!


3 Russia

During the official visit to China from November 5th to 7th, 2018, Russian Prime Minister Medvedev signed the "Regulations of the General Administration of Customs of the People's Republic of China and the Customs Administration of the Russian Federation on regulating the import and export of goods under the framework of international e-commerce. Memorandum of order.

According to the Russian "News" quoted a spokesman for the Russian General Administration of Customs, in view of the memorandum signed by the General Administration of Customs of China and Russia in November to regulate the order of customs clearance of inbound and outbound goods under the international e-commerce framework, Russian customs can be from China. The Customs has obtained information such as the name of the goods to be mailed and whether the goods are infringing, and can obtain information on the price of the goods sent from the Chinese side, thereby combating the export of gray goods from Russia to Russia by mail, helping to avoid underreporting prices. The phenomenon occurs and is conducive to tariff calculation.

The spokesperson said that at present, only high-risk commodities of individual categories and information on products that may violate intellectual property rights are exchanged, and the list of products for information sharing will be expanded in the future.

The spokesperson did not elaborate on the current sharing of high-risk commodity information for specific categories. According to Sokolov, president of the Russian E-Commerce Federation, these commodities refer to goods that are not officially declared or may be smuggled, such as mailing gold in the name of a child's hairpin, falsely reporting the weight or value of the goods.


Which other countries have enabled the origin electronic information exchange system?

At present, among the 18 preferential trade arrangements implemented in China, the electronic network of origin has been completed and put into operation, transmitting electronic data of origin under each Agreement.

They are:

    1. Hong Kong and Macao CEPA Certificate of Origin Network Verification System

    2. Cross-Strait Customs (ECFA) Origin Electronic Information Exchange System

    3. Zhongrui (Shi) origin declaration data exchange system

    4. China and South Korea origin electronic data exchange system and Asia-Pacific trade agreement under the Asia-Pacific trade agreement electronic data exchange system

    5. Zhongxin (Xilan) origin electronic information exchange system

    6. China-Pakistan (Kistan) origin electronic information exchange system

    7. Transit confirmation bookmarking subsystem via Hong Kong/Macau transit cargo origin management system

    From January 1, 2019, the "China-Chile Origin Electronic Information Exchange System" was officially launched,  and the electronic data of the certificate of origin under the Agreement was transmitted in real time.


Please be sure to do the compliance to enjoy the preferential tax rate!


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