From July 27, 2015, the Customs administration started to promote the consolidated tax collection reform and changed the traditional mode of “bill-by-bill review and release after tax collection” to the new mode of “release before tax collection and collecting taxes in a consolidated way” under effective monitoring. 

 

In the new consolidated tax collection mode, the Customs calculates and collects, on a concentrated and consolidated basis, the taxes incurred by multiple imports and exports conducted by the taxpayers of import and export taxes qualified upon examination during a certain period of time. That means the enterprises do not need to declare the dutiable goods bill by bill before picking up the goods, but can take the goods after providing the tax guarantee and pay the taxes in a consolidated way within the stipulated taxation period, says Gao Ruifeng, deputy director of the Department of Duty Collection of the General Administration of Customs.

 

It is said that after the reform is implemented nationwide, enterprises can apply for the consolidated tax payment with the competent tax collection department of the Customs administration. The applicant enterprises need to meet the following conditions: having the general certification or above, electronic payment of the Customs duties and taxes, no less than four times of tax payment monthly in the previous calendar year, and the application meeting the regulations; observing the laws and regulations of tax and duty collection of the Customs and making payment in time etc. Meanwhile, the tax guarantee must be provided, including the deposit and the letter of guarantee.

 

Source: news.163.com, July 28, 2015