China alert - Issue 12, June 2012
The General Administration of Customs promulgated Notice on Promulgation of the Provisional Regulations on Advance Valuation Review on Import Goods, (Circular 419) on 29 November , 2011, requiring all the PRC customs houses to implement an Advance Valuation Review system for imported goods (Advance Valuation Review) by 1 January, 2012.
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