China Adjusts Export Tax Rebates Affecting Solar Industry

China Adjusts Export Tax Rebates Affecting Solar Industry

The Ministry of Finance and the State Taxation Administration announced adjustments to export tax rebate policies for certain products. Rebates for 59 products, including aluminum and copper materials, will be canceled. Tax rebate rates for 209 products, including photovoltaic and battery products, will be reduced to 9%, effective December 1, 2024. This policy change may increase costs for enterprises in the short term, but is expected to benefit industrial upgrading in the long term by encouraging innovation and higher value-added production within the affected sectors.

Exporters Warned of Common Customs Declaration Errors

Exporters Warned of Common Customs Declaration Errors

This article analyzes common errors in export customs declaration forms and provides a filling guide. It emphasizes the accuracy of key information such as commodity codes and quantities to avoid inaccurate declarations and safeguard export tax rebate rights. Accurate reporting is crucial for compliance and maximizing benefits. The guide offers practical advice to ensure proper completion of the form, minimizing the risk of delays or penalties. Understanding declaration elements is vital for exporters seeking to optimize their tax rebates and maintain smooth customs clearance processes.

China Unveils Key Crossborder Ecommerce Export Models

China Unveils Key Crossborder Ecommerce Export Models

This article provides an in-depth analysis of the four main export models in cross-border e-commerce: 9610, 9710, 9810, and 1210. Through case studies and comparative advantages, it offers professional guidance for businesses to choose the appropriate export method. This helps cross-border e-commerce sellers achieve compliant operations and profit growth in the global market. By understanding these models, businesses can optimize their strategies and leverage overseas warehouses for efficient logistics and improved customer satisfaction.

Global Trade Guide Mastering Formal Customs Declarations

Global Trade Guide Mastering Formal Customs Declarations

This article delves into the crucial role of formal customs declaration in cross-border trade, explaining its definition, functions, and various types. Understanding formal customs declaration enables businesses to ensure compliance in import and export operations, reduce legal risks, improve customs clearance efficiency, and provide better protection for customers. This ultimately leads to greater success in the global market. It emphasizes the importance of adhering to regulations for smooth and efficient international trade processes.

Temu Faces Regulatory Scrutiny in Turkey Over Compliance

Temu Faces Regulatory Scrutiny in Turkey Over Compliance

Temu's Turkish office recently underwent an on-site inspection by regulatory authorities, drawing industry attention. This inspection occurs amidst increased regulatory scrutiny of Chinese e-commerce platforms by Turkey and several European countries. In response to the evolving regulations, Temu plans to establish a local company in Turkey. This move demonstrates their proactive approach to addressing regulatory challenges and ensuring compliance within the Turkish market. The inspection highlights the growing importance of adhering to local regulations for cross-border e-commerce platforms operating in international markets.

China Calls for Political Reconciliation in Haiti Crisis

China Calls for Political Reconciliation in Haiti Crisis

China, at the United Nations, urged accelerating political reconciliation and reconstruction in Haiti, emphasizing that forming a legitimate government is crucial. China called on all parties to unite, cut off illegal arms flows, and stressed that international support must respect Haitian sovereignty. Ultimately, resolving the Haitian crisis lies with the Haitian people themselves. China believes that a Haitian-led solution is the only viable path forward and pledged continued support for the nation's recovery.

UK Expats Eligible for VAT Refunds Up to 12475

UK Expats Eligible for VAT Refunds Up to 12475

The UK and German tax authorities have recently launched VAT refund policies, allowing eligible cross-border e-commerce sellers to apply. Eutax has successfully assisted numerous sellers in obtaining refunds, including £12475.03 for UK sellers and €9489.6 for German sellers. Eutax provides professional tax investigation response services, helping sellers to successfully complete their VAT refunds.

Guide to Export Tax Rebates for Businesses

Guide to Export Tax Rebates for Businesses

This article provides a detailed interpretation of the application conditions, procedures, and precautions for export tax rebates. It aims to help companies fully understand export tax rebate policies, successfully complete tax rebate applications, reduce operating costs, and enhance international competitiveness. The article covers the definition, purpose, essential conditions, and two forms (exemption, deduction, and refund vs. exemption and refund) of export tax rebates, along with a detailed application process. It also offers practical guidance to avoid common pitfalls, helping companies compliantly enjoy policy dividends.

China Clarifies Export Tax Rebates for CIF Pricing

China Clarifies Export Tax Rebates for CIF Pricing

This article provides a detailed operational process and risk reminders for export tax rebate declarations under CIF price terms in cross-border export businesses. It emphasizes the importance of FOB price as the tax rebate base and how to accurately separate freight and insurance costs from the CIF price. It also answers frequently asked questions and provides practical guidance for enterprises to comply with export tax rebate declarations. The article aims to help businesses navigate the complexities of export tax rebates when using CIF pricing.

EU Toy Exporters Must Comply With EN71 Safety Standards

EU Toy Exporters Must Comply With EN71 Safety Standards

This article provides an in-depth analysis of the EU toy safety standard EN71, detailing its core standard modules, certification process, compliance key points, and common misconceptions. It also compares EN71 with standards in other markets. Furthermore, it offers practical compliance recommendations for toy exporting companies, helping them mitigate trade risks and successfully enter the EU market. This guidance aims to assist companies in navigating the complexities of EN71 and ensuring their products meet the required safety standards for sale within the European Union.