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Customs will scrutinise ERP system of certain Processing Companies

Customs will scrutinise ERP system of certain Pro...

China alert - Issue 5, January 2011

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 Customs will scrutinise ERP system of certain Processing Companies

The General Administration of Customs issued Circular 93 to further explain measures that the Customs authority is implementing to enhance supervision over processing trade. In addition to expanding previously introduced measures, it appears that there will be an increased focus by the Customs authority on companies’ internal control systems as well.

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