Summary of the announcement 1. Single time transaction limitation has been increased from 2000 RMB to 5000 RMB, and annual transaction limitation has been increased from 20,000 RMB to 26,000 RMB. 2. Single time transaction over 5000 RMB but under annual transactions of 26,000 RMB can be imported through CBEC but should pay the taxation …
New CBEC Announcement for Improving Taxation Policy Read More »
On November 30, the Ministry of Commerce of PRC published the “Circular on Improving the Supervision of Cross-border E-Commerce Retail Import” announcement. New regulation was developed to improve the post-transition policy and promote the healthy development of CBEC retail import. Summary of new CBEC regulation is as follows: 1.Cross-Border E-Commerce Retail Import Definition CBEC retail …
On Monday 18th February 2019, Knudsen&CRC participated in the ‘China Cosmetic Product Regulations Seminar’, held by Global Victoria‘s ‘Victorian eCommerce Network’, in partnership with AsiaLink Business. The Victorian eCommerce Network (VeN) offers Victorian companies an opportunity to connect, collaborate and share knowledge with other like-minded businesses interested in taking advantage of global eCommerce opportunities. This …
China Cosmetic Product Regulations Seminar – Melbourne, Australia Read More »
On April 8th, the Customs Tariff Commission of the State Council issued notification No.17 concerning the Adjustment of Taxation on Imported Personal Articles to the People’s Republic of China. The Customs Tariff Commission gave notice of the reduction of tariffs on a number of imported goods. The noteworthy information from the notification are hereby mentioned: …
New Tax Reductions on Imported Personal Articles in China Read More »
In March 2019, China’s National Medical Product Administration (NMPA) has approved a total of 9 testing methods; 4 new alternative testing methods, 1 new additional test and 4 substitution testing methods under “Safety and Technical Standards for Cosmetics 2015”. Knudsen&CRC has prepared an overview below of the testing methods, as well as the original alternative …
China Approves New Alternative Non-Animal Testing Methods for Cosmetic Raw Materials Read More »