DoNews3 on Sept. 24 news (reporter Zhao Yue) the Ministry of Finance jointly with the General Administration of customs and the State Administration of Taxation issued 24 "notice" on cross-border e-commerce retail import tax policy: since April 8th, cross-border e-commerce retail imports will no longer according to postal items parcel tax levied, but to impose tariffs on goods and import value-added tax and consumption tax, in order to promote the healthy development of cross-border electricity supplier.
provisions of the new tax, personal single transaction limit of 2000 yuan, annual 20000 yuan tariff exemption; more than a single limit value, accumulated more than a single individual annual trading limit, as well as the single tax price of more than 2000 yuan limit of indivisible goods, in accordance with the general trade full tax; import value-added tax and consumption tax shall be exempted from tax temporarily canceled, according to statutory tax payable 70% levy.
to create a market environment for fair competition, and promote the healthy development of cross-border e-commerce, approved by the State Council, since April 8, 2016, China will implement the cross-border e-commerce retail (business to consumer, namely B2C) import tax policy, and adjust post tax policy.
currently, personal use, a reasonable number of cross-border e-commerce retail imports of goods in accordance with the actual operation of the postal parcel tax levy. Parcel tax is for non trade properties of imported articles. The tariff and import value-added tax and consumption tax three tax levied on the merger, the tax rate is generally lower than similar imported goods comprehensive tax rate. The cross-border e-commerce retail imports through postal channels of entry, but different from the traditional non trade paper bills, passenger baggage, separation of items such as gifts to friends and relatives, the transaction is only part of the full trade property, parcel tax levied, the overall tax burden level is lower than the general trade import goods of domestic sales and excise tax the formation, unfair competition. To this end, the policy will be cross-border e-commerce retail imports of goods in accordance with the customs duties and import value-added tax, consumption tax.
on cross-border e-commerce retail and import goods in accordance with the goods are taxed at the same time, taking into account the needs of the majority of consumers rational consumption, policy will be a single transaction limit from 1000 yuan (post tax policy in Hong Kong and Macao to 800 yuan) increased to 2000 yuan, and will set a limit of 20000 year trading yuan. Within the limits of the import of cross-border e-commerce retail imports of goods, the tariff rate is set to 0%, the import value-added tax, excise tax exemption tax exemption, temporarily levied by the statutory tax payable of 70%. More than a single limit value, accumulated more than a single individual annual trading limit, as well as the single tax price of more than 2000 yuan limit of indivisible goods, will be in accordance with the general trade tax in full. In order to meet the daily needs of the collection and operation, the relevant departments will develop cross-border e-commerce retail list of imported goods and announced.
taking into account the current regulatory conditions, will be able to provide transaction, payment, logistics and other electronic information