China Clarifies Export Tax Rebates for Foreign Trade Firms

China Clarifies Export Tax Rebates for Foreign Trade Firms

This article provides an in-depth interpretation of the "Exemption, Credit, and Refund for Export Tax" and "Exemption and Refund for Export Tax" policies within the export tax rebate system. It details the differences in applicable entities, calculation formulas, and tax bases. The aim is to assist foreign trade enterprises in selecting the appropriate tax rebate method based on their specific circumstances, thereby reducing tax costs and enhancing competitiveness. The article focuses on the practical application and comparative analysis of these two policies.

02/03/2026 Customs Knowledge
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WCO Forum Outlines Postpandemic Customs Strategy

WCO Forum Outlines Postpandemic Customs Strategy

The inaugural meeting of the World Customs Organization (WCO) Working Methods Forum (CWOF) was successfully held, bringing together global experts to discuss the transformation of customs working methods. The meeting clarified future work directions, emphasizing the importance of technology, personnel, and leadership. It also planned follow-up activities aimed at building a more resilient, efficient, and sustainable customs system. The forum highlighted the need for customs administrations to adapt to evolving global challenges and embrace innovative approaches to trade facilitation and border security.

02/03/2026 Customs Knowledge
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HS Codes Boost Circular Economy Through Trade Harmonization

HS Codes Boost Circular Economy Through Trade Harmonization

A WCO seminar explored optimizing HS codes to more accurately reflect the life cycle of materials like plastics, metals, and wood. The aim is to support environmentally sustainable trade and the circular economy. Discussions focused on how refined HS classifications can better track and manage resources throughout their lifespan, promoting reuse, recycling, and reduced waste. This initiative aligns with global efforts to foster a more sustainable and resource-efficient global trading system and facilitate the implementation of green customs practices.

02/03/2026 HS Code Query
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Wcos Green HS Initiative Promotes Sustainable Global Trade

Wcos Green HS Initiative Promotes Sustainable Global Trade

The World Customs Organization (WCO) has launched the 'Green HS' initiative, aiming to support global sustainable trade by revising the Harmonized System (HS) code. The inaugural workshop focused on agricultural biodiversity and food security, bringing together stakeholders to gather proposals for the 2027 and subsequent HS revisions. This initiative seeks to transform the HS into a powerful tool for promoting sustainable trade practices worldwide. The goal is to ensure that HS codes accurately reflect and facilitate environmentally friendly and socially responsible trade activities.

02/03/2026 Customs Knowledge
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Congo Enhances Customs Valuation with WCO Support

Congo Enhances Customs Valuation with WCO Support

The World Customs Organization (WCO) is assisting the General Directorate of Customs and Excise of the Democratic Republic of Congo (DGDA) in its transition following the termination of contracts with private inspection companies. A WCO expert mission visited the DRC to help DGDA officials consolidate their knowledge, introduce new tools, and provide technical support through meetings and workshops. The aim is to establish an efficient and transparent customs valuation system, promoting economic development and integration into the global economy for the DRC.

02/03/2026 Customs Knowledge
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WCO Aids DR Congo Customs to Enhance Trade Efficiency

WCO Aids DR Congo Customs to Enhance Trade Efficiency

The World Customs Organization (WCO) is providing technical assistance to the General Directorate of Customs and Excise (DGDA) of the Democratic Republic of Congo to enhance its customs valuation capacity and reclaim outsourced functions. Through diagnostic assessments, recommended improvements, and capacity building initiatives, the WCO is helping the DRC build an efficient and transparent customs valuation system. This aims to promote trade facilitation and contribute to economic development by strengthening the country's ability to accurately value goods and collect revenue.

02/03/2026 Customs Knowledge
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PG Yili to Share Ecommerce Strategies at Guangdong 2026 Conference

PG Yili to Share Ecommerce Strategies at Guangdong 2026 Conference

Brand consulting expert Shi Mingliang will attend the 2026 Guangdong E-commerce Conference, sharing new marketing strategies to break through traffic competition, build a growth system for preferred brands, and practical methodologies integrating the brand growth experiences of P&G and Yili. This conference brings together e-commerce industry elites, providing companies with growth strategies and resource networking opportunities. He will focus on omni-channel growth and offer insights on building a strong brand presence in the competitive e-commerce landscape.

02/03/2026 Logistics Industry Insights
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UK Ecommerce Sellers Face VAT Registration Delays

UK Ecommerce Sellers Face VAT Registration Delays

This article delves into the challenges of UK VAT registration and provides a practical guide for cross-border e-commerce sellers, incorporating the latest practices from EUTOP. It details how EUTOP enhances VAT registration success rates through system upgrades and manual reviews. The article shares key techniques for obtaining a UK VAT number smoothly and strategies for handling delayed VAT registration. The aim is to help sellers better understand UK VAT policies, ensure compliance, and expand their business in the UK market.

02/03/2026 Customs Knowledge
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Wish Teams With Avalara to Simplify VAT for Crossborder Ecommerce

Wish Teams With Avalara to Simplify VAT for Crossborder Ecommerce

Osotax has officially become a Wish-certified compliance service provider, offering Wish sellers one-stop compliance services such as VAT and EPR, helping cross-border e-commerce businesses achieve compliant global expansion. Leveraging its professional experience and SaaS system, Osotax significantly reduces VAT filing costs and improves filing efficiency, achieving a win-win situation for platforms, service providers, and merchants. This partnership aims to streamline the compliance process for Wish sellers, ensuring adherence to regulations and facilitating smoother international trade.

02/03/2026 Logistics Industry Insights
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Trump Tariffs Cut US Trade Gap but Raise Economic Risks Amid European Bankruptcies

Trump Tariffs Cut US Trade Gap but Raise Economic Risks Amid European Bankruptcies

The temporary narrowing of the US trade deficit may be a brief resurgence due to tariff policies, with structural damage potentially emerging in the future. The wave of European corporate bankruptcies serves as a warning, highlighting the persistent economic pressures. In contrast, cross-border e-commerce is growing against the trend, demonstrating its crucial role and long-term potential within the global trade system. This resilience suggests a shift in consumer behavior and a growing reliance on digital platforms for international commerce.

02/03/2026 Customs Knowledge
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