Furthermore, the limit on personal imports, i.e. the amount of purchases per person via cross-border e-commerce, has also been rais.
The limit per cross-border e-commerce transaction, which was previously 2,000 yuan (approximately 32,000 yen), has been increas to 5,000 yuan (approximately 80,000 yen).
The annual limit has also been increas from 20,000 yuan (approximately 321,000 yen) to 26,000 yuan (approximately 416,000 yen) per person, and it appears that the annual limit will continue to rise according to income in the future.
4. 63 new products add to the list of import tariff-preferential products
63 new types of tax-applicable products kazakhstan whatsapp data have also been add.
The new products are those that have seen high demand in recent years, such as sparkling wine, malt-bas beer, and training equipment, and together with the previous products, the total number of items is 1,321.
These products are eligible for import tariff preferential treatment, and the expansion and increase of the types of products eligible for import tariff preferential treatment will encourage purchases.
Is the “China Electronic Commerce Law” different from the “Cross-border E-Commerce Import and Sales Policy”?
On August 31, 2018, the China Electronic allow them to click on buttons and learn more Commerce Law was pass, which also went into effect on January 1. Here, we will look at the differences between the China Electronic Commerce Law and the current Cross-border E-Commerce Import and Sales Policy. These two laws are completely different to begin with.
The China Electronic Commerce Law is a law that aims to prevent tax evasion by requiring buyers who have been purchasing goods individually and selling them in China for profit, and it also appears to have codifi laws relat to consumer protection and intellectual property rights protection.
In other words, it is illegal for anyone without a
Registration certificate to bring large quantities of goods back to China, and a registration certificate is also requir when selling on online platforms. Therefore, it can be said that the China Electronic Commerce Law does not regulate cross- border e-commerce operators in the Unit States, Japan, and other countries, as I wrote
in my previous blog, “China’s E-Commerce Law Passes, Major Impact on Cross-Border E-Commerce.” In that blog, I wrote a speculative article speculating that the cross-border e-commerce provisions in the China Electronic Commerce Law would be broadly interpret, and that regulations on cross-border e-commerce sales to China would be strengthen, but in reality, I don’t think that will happen.
Meanwhile, the “Cross-border E-commerce
Import and Sales Policy” is a policy aim at promoting the healthy growth and market development of cross-border e-commerce, and will implement measures such as extending the grace period for the policy, adding items with preferential the cross-border e-commerce tax rates, and expanding the cross-border e-commerce special zones.
Judging from the contents of
The extension and expansion of conditions business sale lead of the “Cross-border E-commerce Import and Sales Policy,” it can be said that China is proactive in relaxing regulations regarding cross-border e-commerce and promoting cross-border e-commerce, and the implementation of this “Cross-border E-commerce Import and Sales Policy” can be said to be good news for cross-border e-commerce businesses.