2005 Compilation of the Customs Tariff of the People's Republic of China and Important Laws and Regulations on Import and Export Foreign Trade and Economic Cooperation (Volume 1 and 2)

Author: Editorial Committee of "Customs Tariff of the People's Republic of China and Important Laws and Regulations on Import and Export Foreign Trade"
Publisher:
Publishing Date: 2005-01-01
Features: Starting from January 1, 2005, the Tariff Commission of the State Council of the People's Republic of China adjusted the Customs Tariff of the People's Republic of China on a large scale in accordance with the commitments made by China upon joining the World Trade Organization (WTO) and the needs of foreign economic and trade development. The competent departments of the State Council also adjusted the import and export management measures accordingly. () (Hereinafter referred to as "Tariff and Compilation"). The "Tariff and Compilation" is divided into two parts: Part I is the "Tariff." This "Tariff" is compiled based on the Harmonized System (HS) of the World Customs Organization (WTO) and the latest import and export tariff data from the Office of the Tariff Commission of the State Council in 2004. It adds 10-digit tariff numbers on the basis of 8-digit tariff numbers, followed by the commodity name, import duty rate (MFN rate, Bangkok rate, general rate), value-added tax rate, consumption tax rate, unit of measure, customs supervision conditions, and more. It also includes multiple appendices such as the (temporary duty rate table) for imported commodities, the specific duty rate table for specific duty and compound duty, the tariff rate table for import commodity tariff quotas, the ITA tariff rate table for information technology products, and more. Additionally, it includes the 2004 export tariff, the export temporary duty rate table, the "Early Harvest" tariff items and rate table of the China-ASEAN Free Trade Area, the tariff rate table, the zero-tariff arrangement items and rate table for Chinese-Thai fruits and vegetables, the preferential tariff arrangement items and rate table for the mainland and Hong Kong and Macau, the preferential tariff items and rate table for Cambodia, Myanmar, Laos, and Bangladesh, and the export tax rebate adjustment table. This reference tool truly becomes a data-accurate, authoritative, detailed, and practically applicable tool for customs declaration. The second part is "Legal, Regulatory, and Provisions on Import and Export Trade Value Management," which collects the latest laws, regulations, and management measures issued by relevant departments such as the Ministry of Finance, the Ministry of Commerce, and the China Customs, etc., in terms of foreign trade management. It covers foreign trade regulations, domestic taxes on import, general import and export management of commodities, import and export management of mechanical and electrical products, import and export commodity inspection, quarantine of animals and plants, sanitary quarantine, pharmaceutical inspection, chemical registration, export tax rebates, as well as management measures related to trade rights, processing trade, foreign exchange management, and other trade management measures, totaling over a hundred laws, regulations, and provisions. It is the most comprehensive and up-to-date import and export management reference tool in China to date.