Continued Implementation Of The Tax Policy On Cross-Border E-Commerce Export Returned Goods

The reporter recently learned that in order to support the accelerated development of new business types and models such as cross-border e-commerce, the Ministry of Finance, the General Administration of Customs and the State Administration of Taxation jointly issued an announcement recently to continue the implementation of the tax policy on cross-border e-commerce export goods returned.

The announcement stipulates that the goods (excluding food) declared for export under the cross-border e-commerce customs supervision code (1210, 9610, 9710, 9810) from January 30, 2023 to December 31, 2025 and returned to China in their original state within 6 months from the date of export due to unsalable and return reasons shall be exempted from import tariff, import value-added tax and consumption tax; The export duties already collected at the time of export are allowed to be refunded; The value-added tax and consumption tax already collected at the time of export shall be implemented with reference to the relevant tax provisions on the return of domestic goods; Other provisions shall still be implemented in accordance with the relevant provisions of the Announcement of the State Administration of Taxation of the General Administration of Customs of the Ministry of Finance on the Tax Policy for Cross border E-Commerce Export Returned Commodities (Announcement No. 4, 2023 of the State Administration of Taxation of the General Administration of Customs of the Ministry of Finance).

The relevant person in charge of the Customs Department of the Ministry of Finance said that the announcement extended the time limit for enterprises to declare exports under the cross-border e-commerce customs supervision code from January 29, 2024 to December 31, 2025. The extension of the above period is conducive to giving full play to the policy effect, further stabilizing the expectations of enterprises, and accelerating the development of new foreign trade formats.

In addition, in order to support the success of the China International Trade in Services Fair, the Ministry of Finance, together with the General Administration of Customs and the State Administration of Taxation, issued a notice on the 30th, specifying the continuation of the tax policy on imported exhibits at the Trade in Services Fair, and the exemption of import duties Import value-added tax and consumption tax. Exhibits enjoying the tax policy do not include cigarettes, alcohol, automobiles, commodities listed in the Catalogue of Major Technical Equipment and Products Not Exempted from Tax, endangered animals and plants and their products, as well as commodities prohibited from import by the State.