Exporters of the World Rejoice – PRC Customs issues e-commerce reprieve

• Citation: jd0277
• Date: 26 May 2016
• Published date: 26/05/2016
• Subject Matter: Economic Law

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Exporters of the World Rejoice – PRC Customs

issues e-commerce reprieve

By King & Wood Mallesons on May 26, 2016

By Mark Schaub and Chen Bing King & Wood Mallesons’ Corporate Securities Group

In recent months there has been great concern, indeed bordering on panic, in some

quarters arising from the issuance of dramatic but vague PRC cross-border e-commerce

rules that were issued in April 2016.

However, the PRC authorities have now addressed, at least to some extent, most of the

major pressing concerns on 24 May 2016 when the General Administration of Customs of

PRC (“PRC Customs”) issued a Circular on Relevant Matters Concerning Implementation

of New Supervision Requirements on Cross-border E-commerce Retail Imports

(“Circular”).

What does the Circular contain?