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The Implementation Of New Regulations On Entry Commodity Taxation; &Nbsp; Shopping In Hong Kong And Macao Will Face Cooling.

2010/11/25 11:36:00 57

Tax Situation

With the recent entry merchandise taxation With the implementation of the new regulation, Hong Kong and Macao shopping tours that have just entered the "peak season" will be faced with a cooling down.


As Christmas draws near, the discount promotions of Hongkong, Macao and other places have entered a climax. Not only the coverage of commodities has been expanding, but also the strength has been increasing. Statistics from Changzhou CITS show that the number of tourists who travel to Hong Kong and Macao in recent years has increased significantly over the same period in previous years, and a large proportion of them are rushing to shop.


However, many citizens returned from the "shopping spree" only to find that some products need to pay customs duties when they enter the country. Customs The General Administration issued a notice recently that the total value of personal clearance items should exceed 5000 yuan, and 20 items such as iPad should not be tax-free. Since the implementation of the new regulation, the ports with more entry-exit personnel such as Shenzhen and Zhuhai have taken a high pressure on the handling of Apple mobile phones, brand handbags and cosmetics. According to Qu Qun, director of the exit Department of the Changzhou state travel agency, recently, the citizens returning from Hong Kong and Macau have reflected that the customs inspection has increased significantly, luggage has been checked by pieces, and sometimes people have been asked to open the box for inspection.


The reporter learned from the Changzhou customs that the new regulations of the customs were designed to crack down on the smuggling of "water users". Therefore, within the scope of "self employment and reasonable quantity", the personal goods used by the inbound residents to obtain more than 5000 yuan worth of overseas goods are only taxable to the excess. But for indivisible items such as expensive watches, brand handbags and so on, they should be taxed in full; tobacco products, alcoholic products, and 20 commodities that the state stipulates should be taxed should be dealt with in accordance with relevant regulations. It is worth noting that the General Administration of Customs at the same time stipulates that for the passengers who enter the country in a short time (more than 1 times in 15 days) and the residents in the border areas, the customs will only release their travel necessities according to the regulations, and do not comply with the above standards. This means that if mainland tourists enter Hong Kong and Macao several times in 15 days, they will not enjoy the allowance of 5000 yuan for their own use.


Industry insiders predict that the Hong Kong and Macao shopping tour will face "cooling down" under the influence of the new customs policy.


Full amount required taxation 20 commodities


   Televisions, cameras, video recorders, video cameras, audio equipment, air conditioners, refrigerators, washing machines, cameras, duplicators, program-controlled telephone exchanges, microcomputers and peripherals, telephones, wireless paging systems, fax machines, electronic calculators, printers and word processors, furniture, lamps and lanterns, and meal materials.

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