On 31 January, 2018, the General Administration of Customs (“GAC”) issued an Announcement Regarding the Implementation of the PRC Customs Provisional Administrative Measures on Advance Ruling (General Administration of Customs Announcement  No.14, hereinafter referred to as “the Announcement”), which comes into effect from1 February 2018.
The Announcement further clarifies some details in the Provisional Administrative Measures on Advance Ruling (“the Measures”), including:
The Announcement provides detailed specifications on issues to be paid attention to in the implementation of the Measures, as well as the templates of relevant legal instruments such as Advance Ruling Application Form and the Advance Ruling Decision. The Announcement has standardized the implementation of the Measures and made it more feasible.
Apart from the main body of the Announcement, KPMG hereby reminds companies to also pay attention to the templates of relevant legal instruments in the appendix, especially the template of and requirements on filling in the Advance Ruling Application Form.
KPMG’s Trade and Customs team has rich experience in goods classification, valuation and place of origin, and can help companies assess tax-related and license-related issues for the goods in the planned advance ruling application, such as classification, valuation and place of origin, and help companies prepare documents for submission, and make successful applications for advance ruling.