Customs Credit Management Policy for Law-abiding and Self-disciplined Enterprise

Ⅰ. Principle
Guangzhou Customs will generally grant facilitation to Credit Enterprises. Customs will assess an enterprise according to a series of elements as its lawful status, business scale, volume of import and export and declare the results to the public. If any enterprise considers itself qualified, it can apply to the local customs for assessment on its own.

Ⅱ. Facilitation for Credit Enterprises
ⅰ. Go direct to get the release once its entry EDI (electronic digital input) is approved.

ⅱ. Enjoy the policy of General-security to dutiable goods, i.e., release ahead of duty.

ⅲ. Normally the declared price is approved as the base of the customs duty-paying value of the goods through clearance.

ⅳ. Pre-classification is applied to goods import and export by the customs. And normally it is based on the classification declared to go through customs formalities.

ⅴ. Generally, the customs will accept the name and description declared through clearance. If it do need chemical test, the goods can be released after the customs get a sample. Under this circumstance, the sample takes priority in testing.

ⅵ. Usually the customs will give the goods a direct release, except those have been supervised under law and regulations.

ⅶ. Pre-declaration or declaration before goods arrival is allowed.

ⅷ. The customs provide declaration appointment and field inspection service.

ⅸ. The customs simplify contract filing formalities for Credit Enterprises on its processing trade goods. In general, the commitment verification method includes contract-cancellation without field-check and on-line verification of "the Electronic Account" for network-combined business.

ⅹ. Have priority through clearance when problems occur.

ⅹⅰ. Be qualified to go through customs formalities prior to others.

ⅹⅱ. Go direct to the express window in any customs declaration hall of Guangzhou Customs to declare.

Ⅲ. Qualification
ⅰ. Presently apply to A-class enterprise management method of the customs.

ⅱ. No record of smuggling or violation of customs regulations within two years ahead of assessment.

ⅲ. No record of default of customs duty within two years ahead of assessment.

ⅳ. Obey customs laws and regulations and cooperate with the customs lawfully.

ⅴ. Have post-clearance audit in the last year and the result is good, including;

1. Healthy managerial organization, i.e., complete accounting systems and reasonable financial statements, trustworthy business record, detailed warehouse operation, classified in-out warehouse mechanism and book-goods matching standard of warehouse.

2. Standardized import and export activity as to declare truthfully, pay tax lawfully, use or dispose customs supervised goods legally.

ⅵ. No record of illegality or violation related to any commercial department, business administration, tax bureau, foreign exchange department or bank within two years ahead of assessment.

ⅶ. Over 10 million US dollars in trade volume or over 50 million RMB in duty collected in the last year.