Adjustment of cross-border e-commerce policy Latest adjustment of national epidemic prevention policy
1. On November 21, 2018, the executive meeting of the State Council decided to continue the implementation of the current regulatory policy on cross-border e-commerce retail imports from January 1 next year, and not implement the first import license approval, registration or filing requirements for cross-border e-commerce retail imports, but supervise the imported goods for personal use.
2. On the basis of zero tariff within the quota, import value-added tax and consumption tax levied at 70% of the statutory tax payable on the goods in the cross-border e-commerce retail import list, 63 tax items with large demand were added.
3. The upper limit of commodities enjoying preferential tax policies will be increased, the limit of single transaction will be increased from the current 2000 yuan to 5000 yuan, and the annual transaction limit will be increased from the current 20000 yuan per person per year to 26000 yuan per year.
4. On November 30, 2018, the Ministry of Commerce, the Ministry of Finance and more than a dozen other ministries and commissions jointly released three policy documents on cross-border import e-commerce, respectively: the Notice on Improving the Supervision of Retail Import of Cross border E-Commerce issued by six ministries and commissions including the Ministry of Commerce; The Notice of the Ministry of Finance and other three ministries and commissions on Improving the Tax Policies for Cross border E-commerce Retail Imports; The Ministry of Finance and other 13 ministries and commissions issued the Announcement on Adjusting the List of Cross border E-commerce Retail Import Commodities.
5. Increase the upper limit of goods enjoying preferential tax policies and expand the scope of the list, which will be implemented from January 1, 2019.
6. Cao Lei, director of China E-commerce Research Center, put forward his own views on this.
7. There are continuity and changes.
8. In addition to the expansion of the list and the increase of the commodity limit of the preferential tax policy, the adjustment of cross-border e-commerce policy also made it clear that the cross-border e-commerce retail import commodities that have been purchased cannot enter the domestic market for resale.
9. This is to clarify once again that cross-border e-commerce retail imported goods cannot enter the domestic market for resale, which will basically have no new impact on the cross-border e-commerce industry, but may have a "rebirth" impact on personal purchasing.
10. Whether it is in the name of an individual or a purchasing agency operating as a company, it is in a "gray zone" and will be more difficult to operate in the future.
11. At the same time, I think this policy will be a very beneficial blow to the overseas shopping agency and WeChat business order printing, and also a great blow to the people who supply offline physical stores, but the judgment on a consignment is a bit vague.
12. The State Council once again decided to continue and improve the cross-border e-commerce retail import policy and expand the scope of application, which will bring significant benefits to China's import cross-border e-commerce industry. I noticed that this is also the third extension of implementation after the "April 8th New Policy" was introduced.
13. It will not only continue the supervision of imported goods for personal use, but also continue to help cross-border e-commerce enterprises become bigger and stronger.
14. The supervision mode and measures of cross-border e-commerce retail import will continue to be improved, and the supervision and control of quality will also be strengthened.
15. The government has been rethinking the foreign trade regulatory policy, and needs to carry out regulatory innovation under the new trend of global trade triggered by cross-border e-commerce. It still needs time to continue to implement the pilot project, so as to summarize experience and develop a set of cross-border e-commerce regulatory system that is more in line with the development trend of global trade.
16. It is worth noting that the State Council has also added 63 new taxable commodities this time, and raised the single transaction limit and year-end transaction limit, which continues to bring greater imagination to the import e-commerce industry.
