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China Releases Positive List of CBEC Commodities

On April 8, two days before the implementation of the new tax system for CBEC goods (see CL news on Mar 25), China Ministry of Finance together with 11 other departments including the CFDA published the “List of CBEC Retail Imported Goods” to define the applicable scope of the new tax. Goods on the list shall comply with the new tax requirements while those excluded on it are imported based on general trade tax or personal postal article tax scheme. The list totally includes 1142 commodities, of which there are 20 kinds of cosmetics:

On April 8, two days before the implementation of the new tax system for CBEC goods (see CL news on Mar 25 2016), China Ministry of Finance together with 11 other departments including the CFDA published the “List of CBEC Retail Imported Goods” to define the applicable scope of the new tax. Goods on the list shall comply with the new tax requirements while those excluded on it are imported based on general trade tax or personal postal article tax scheme.

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