China Cuts Entry-Exit Inspection Charge on Tox/Haz Commodities
Jul. 04th, 2012
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The decision has been made “with a view to alleviate economic burden on businesses of import and export”, stated the NDRC Notice no 1894 of 2012 in June. Local entry-exit inspection authorities shall stop applying the 12th clause of a 2003 NDRC charging regulation that demanded a double charge on imported and exported hazardous chemicals and toxic/dangerous goods, when performing due inspections and appraisals on product quality, weight, package and use as well as transportation conditions of the abovementioned commodities pursuant to the 2003 ruling. The tax-cut policy will be valid for three years till 31 July 2015.