Implementation of the New Customs Audit Regulations

September 2016 | China

On 19 June 2016, the State Council issued Order No. 670, <Decision on the Amendments to the “Regulations of the People’s Republic of China on Customs Audits”>(the “New Customs Audit Regulations”) which will come into effect from 1 October 2016.

The New Customs Audit Regulations reflect the request for audit reform in the <Customs Comprehensive Deepening Reform Plan>. Customs audits play a significant role in Customs’ daily monitoring of import/export activities, especially in the ever-growing demand for port clearance speed and trade facilitation.

Companies should pay particular attention to some of the provisions in the New Customs Audit Regulations, such as “voluntary disclosure” and “the involvement of 3rd party firms”. This alert provides a summary of our comments to the New Customs Audit Regulations.

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