China

Details

  • Service: Tax, China Tax Services
  • Type: Publication series, Regulatory update
  • Date: 1/31/2011

Customs will scrutinise ERP system of certain Processing Companies 

China alert - Issue 5, January 2011

 

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.

China alert - Issue 5
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