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NEWS
China Newly Establishes CBEC Comprehensive Pilot Zones in 46 Cities and Regions
May 08, 2020
The executive meeting of the State Council held on Apr 7, 2020, decided to newly establish CBEC comprehensive pilot zones in 46 cities and regions to promote the development of CBEC and support foreign trade and investment and attempt to offset the negative economic impact of COVID-19...
Chinese Mainland
CBEC
NEWS
Indonesia’s Law on E-Commerce: Clear Guidelines and Compliance by November 2021
Feb 14, 2020
In late November 2019, Indonesia introduced its long-awaited law on e-commerce through Government Regulation 80 of 2019 (GR 80, 2019). GR 80, 2019 was issued to improve the governance of internet-based and electronic trading activities in addition to ensuring tax compliance among e-commerce businesses...
Indonesia
CBEC
NEWS
Hainan Island and 50 Other Cities Become CBEC Pilot Cities
Jan 19, 2020
China has expanded its cross-border e-commerce pilot regions to 86 cities and the whole of Hainan island...
Chinese Mainland
Entry-exit
CBEC
NEWS
China CBEC Comprehensive Tax Further Reduced with VAT Reform
Mar 07, 2019
On Mar. 5, China's Premier Li Keqiang said in his government work report to this year’s NPC session that “a massive tax-cut program is listed on the agenda of the government...
Chinese Mainland
Entry-exit
CBEC
NEWS
GAC Releases Specific Implementation Methods for CBEC Supervision
Dec 14, 2018
GAC released Notice No. 194, regulating specific implementation methods on CBEC supervision in accordance with the four files...
Chinese Mainland
Entry-exit
CBEC
NEWS
Official Announcement and Interpretation of the Latest CBEC Policy in China
Nov 30, 2018
As of Nov. 30, 2018, four official files about the new CBEC policy have been released by MOFCOM and MOF after the State Council meeting last week...
Chinese Mainland
Pre-market Approval
Entry-exit
CBEC
NEWS
China Officially Extends Grace Period for CBEC Transition Policy
Nov 22, 2018
The CBEC transition period has been officially prolonged since Jan 1st 2019 without a specific set expiration date. CBEC-traded cosmetics, infant formula powder, medical device and special food (such as health food and food for special medical purposes) will be not subject to , pre-market approval requirements. The positive lists of CBEC will be appended to include 63 types of new commodities in great demand. Transaction limit of CBEC retail products eligible for preferential tax policy will be raised from 2000 RMB to...
Chinese Mainland
Entry-exit
CBEC
NEWS
Government Official Blueprints Future CBEC Policy during CIIE
Nov 13, 2018
China supports the development of CBEC and will still follow the general principle of supervising commodities traded through CBEC as personal commodities...
Chinese Mainland
Entry-exit
CBEC
NEWS
China Passes E-commerce Law: Implications for CBEC
Sep 04, 2018
The Ecommerce Law has not clarified the exact requirements for cross-border ecommerce which are expected to be detailed in a pending administrative rule specifically developed to regulate CBEC...
Chinese Mainland
Entry-exit
CBEC
NEWS
Australia Officially Levy 10% GST on CBEC Cosmetics since July 1
Aug 07, 2018
Australia has extended the scope of 10% GST (the Good and Service Tax) to low-value CBEC cosmetics. Imported cosmetic stakeholders whose annual sales volumes over A$75,000 in Australia are required to register in ATO, lodge tax returns and pay GST...
Australia
Entry-exit
CBEC
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