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Notice of the Ministry of Commerce on Cancellation of the List of Countries(Regions) Not Applying Sugar Safeguard Measures

Date:7, 17, 2018Hits:19

[Publish Unit] Ministry of Commerce of the People's Republic of China
Announcement No. 58 of 2018
[Release Date] July 16, 2018

 

In accordance with the provisions of the Regulations of the People's Republic of China on Safeguards, on May 22, 2017, the Ministry of Commerce issued Notice No. 26 of 2017 to implement safeguards on imported sugar products. At present, one year after the implementation of the measures has expired, the cumulative share of imports from the list of developing countries(regions) not subject to safeguards(hereinafter referred to as the list of non-applicable countries) that account for less than 3 % of imports exceeds 9 %. Eligibility for removal from the list. The relevant matters are hereby announced as follows:

As of August 1, 2018, the list of exclusions will be abolished and safeguards will be applied uniformly to all imports of extra sugar.

From the date of the cancellation of the non-application list, the importing operators shall pay the corresponding safeguard duties to the customs of the People's Republic of China when importing the duty with additional sugar products. The safeguard tariff is calculated on the basis of the customs value of the customs payment, and the formula is: the safeguard tariff tax = the customs duty paid price × the safeguard tariff rate. Value-added tax on the import link is calculated as the taxable price based on the customs customs value plus customs duties and safeguard duties.
This announcement shall be implemented as of August 1, 2018.
Ministry of Commerce
16 July 2018

From: Guangxi Sugar Network