The Elimination Of Tariffs On Commodities In The US And Canada Has Started.

In February 17th, the Customs Tariff Commission of the State Council issued a notice to carry out the elimination of marketization procurement of tariffs on us and Canada. According to the announcement, since March 2, 2020, the Customs Tariff Commission of the State Council has accepted the application of relevant Chinese enterprises, and on the basis of examining the relevant applications one by one, the imported commodities purchased by the relevant enterprises from the United States on the basis of market conditions and commercialization are no longer required to impose tariffs on the US 301 measures within a limited period. Import commodities.

The Chinese enterprises who purchase contracts and purchase relevant commodities from the United States may be the main body of the application. According to the published list of goods that can be applied to exclude the goods and their own needs, the application of the marketing procurement shall be submitted by the exclusion of the declaration system (https:// gszx.mof.gov.cn of the Ministry of finance's Tariff Policy Research Center) as required. The declaration system has been accepted since March 2, 2020.

The Customs Tariff Commission of the State Council will, in accordance with the information provided and combined with the first, second batch of applications to exclude tariff products from the US and Canada, organize the examination of the effective application one by one, and notify the applicant in a timely manner by excluding the application system.