PwC Intermediate Agency Qualification on Customs Enterprise Audit and Bonded Investigation

March 2015 | China

Since 2006 the Customs authority has been using intermediate agencies – typically local CPA auditing firms – to assist them to conduct routine post-importation audits. Regional Customs established a recommended list of local CPA firms that has been renewed and updated on a timely basis.

The purpose of the program was to enable the Customs authority to obtain a third party view on quantified discrepancies and additional duties. Typically the local CPA firm was engaged – either by the Importer or by the in-charge Customs – in relation to Processing Trade and Handbook. Since 2006 PwC has worked alongside the local CPA firm as we supported clients in responding to and resolving the post-importation audit.

PwC was approved by Shanghai Customs in January 2015 as a “social agency” with qualified professional knowledge and technical abilities. With this qualification we are now better positioned to assist you in reducing clearance times, saving related costs and resolving non-compliance in your routine import and export operations.

 

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