PPT-China - Customs Guide Duty and Tax Threshold

VAT and duty is applicable when combined they total over 50 RMB Minimum Tresholds amp Duty rules Duty Calculation Duty is calculated exclusively on CIF value Most Commonly Imported Items with Duty Rates . Name of the Customs Broker 2 Ful l address of the Customs Broker 3 Customs Broker Licence No and Custom House of issue 4 Name and address of each of the partners of the firm or the directors of the company as the case may be in case the applicant is Enrique Fanta. World Bank. June 2014. www.customscatt.org. . An integrated monitoring tool for measuring Customs performance over time.. Used to evaluate the relative strengths and weaknesses of any Customs administration and compare them to best practices. . . by Head of trade restrictions, . currency and export control . Sergey . Shklyaev. Precious metals and gemstones. 1. Federal law No 41-FZ dated March 26,. 1998 . on precious metals and gemstones. Gemstones. Since June 2011, the second phase of the Customs Modernisation Programme was rolled out to all seaports and airports, followed by two land border posts, Lebombo and Beitbridge. . This year Customs Modernisation changes are rolling out to the remaining Customs border posts in SACU countries. This includes most of the changes that were introduced at the abovementioned border posts last year, as well as others unique to land border posts.. An Indian Perspective. B. K. Khare & Co. – Chartered Accountants. Dr. . Shrikant. . Kamat. Senior Director & Practice Leader – Indirect Taxation. Accountability in Public/Government Organizations. Managing Investments . U. nder the New . T. ax Thresholds. Patrick Clunan . Columbia Management. (. 01/14) 807446. It’s Not Just About Knowledge, It’s About Know-How. The . Columbia Management Learning Center . -. Internal Deck. What are duties & taxes and when do they apply?. Almost all shipments crossing international borders . are subject to the assessment of . duties and taxes . imposed by the . importing country's government. Duty and Tax Threshold . Imports. are not assessed duty, tax and import fees when sum of duty and tax is >NZ$60. Minimum . Tresholds. & . Duty. . rules. Duty . Calculation. Duty is calculated . Charging Section of Customs Act. As per Section 12 Customs Duty shall be levied at such rates as may be specified under the Customs Tariff Act, 1975 on goods imported into or exported from India. Imports mean bringing into India (including territorial water) from a place outside India. Charging Section of Customs Act. As per Section 12 Customs Duty shall be levied at such rates as may be specified under the Customs Tariff Act, 1975 on goods imported into or exported from India. Imports mean bringing into India (including territorial water) from a place outside India. . Knowledge Academy . 2 – 3 July 2014. . World . Customs Organization. WHY CUSTOMS VALUATION. ?. Taxable . base for . Customs . duty. revenue. May, 2011. World Customs Organization. 50. million people. Contents. Introduction of WCO. Single Window Concept. WCO Data Model. Introduction of KCS. KCS’ Single Window history. SW establishment – before v. after. Mbakiso Magwape. Principal Legal Officer, Legislation & Compliance. Botswana Unified Revenue Service. Doctoral Candidate (University of Pretoria). Objectives of Paper. E. xamines . trade and customs related . Current WCO and international developments. 1. What is the issue for Customs?. Customs objective: . To verify whether a price has been influenced in a related-party transaction. Options: . Test values (difficult to use).