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China Customs Implement an Advance Valuation Review System for Imported Goods

China Customs Implement an Advance Valuation Revi...

China alert - Issue 12, June 2012  

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China Customs Implement an Advance Valuation Review System for Imported Goods

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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