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    Export Of New Zealand Clothing Can Enjoy Tariff Relief, Most Of Which Do Not Know.

    2010/11/16 15:33:00 40

    New Zealand Clothing Export Tariff Relief

    Garments exported to New Zealand can enjoy tariff relief on the basis of certificate of origin, but the vast majority of garment enterprises in Ningbo are not aware of it.

    yesterday

    The Ningbo inspection and Quarantine Bureau reminded enterprises to be good at using the certificate of origin and not to let the "golden key" of tax relief be dormant.


    Since October 1, 2008, the China Zealand New Zealand Free Trade Agreement has entered into force.

    According to the agreement, New Zealand will cancel all tariffs on imports from China by January 1, 2016.

    Among them, since the date of entry into force of the agreement, the tariff shall be immediately abolished for more than 4600 commodities with a duty rate of 5% and below, and the tariff shall be abolished in 5 or 6 years for more than 2000 commodities with a duty rate of more than 5%; other commodities shall be abolished within 9 years from the date of entry into force of the agreement.

    Up to now, the vast majority of garments exported to New Zealand, whether or not they need to be inspected by the inspection and quarantine department, can enjoy 6.3% or 8.1% tariff reduction and exemption only with the certificate of origin of the new China free trade area.


    However, we can make good use of this tax reduction and exemption.

    Key

    There are not many enterprises.

    According to statistics, from January to October this year, there were 3379 batches of clothing in the statutory inspection catalogue exported to New Zealand in Ningbo, valued at over $35 million 800 thousand, accounting for 1/3 of all New Zealand clothing exported to Ningbo.

    It is estimated that in the first ten months of this year, Ningbo exported about 10 thousand New Zealand garments, valued at over $100 million.

    At the same time, the Ningbo inspection and Quarantine Bureau issued a total of 168 copies of the certificate of origin for the export clothing, with a visa amount of US $4 million 369 thousand and 400, that is to say, less than 5% of the clothing products enjoyed preferential tax relief or exemption from the origin of new Zealand.

    The reason is that the company failed to apply for proof of origin.


    To this end, the inspection and Quarantine Department reminded the relevant enterprises, in the case of cotton and other raw materials prices and labor costs continue to rise, clothing export situation is not optimistic, we should learn to make good use of the FTA tariff preferences "gold coupons" to make two initiatives: take the initiative to consult with the inspection and quarantine departments in the new FTA preferential policies, or log in to China free trade area service network to find out the main contents of the Sino new FTA, especially the new party's tariff reduction process arrangement from China, take the initiative to apply for the new China FTA good certificate of origin certificate for foreign customers, and share the import tariff relief with the customers, so as to gain substantial profits and increase the export of enterprises.

    Profit

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