The Service Trade Fair 2022 will be held from August 31 to September 5 at the National Convention Center and Shougang Park。According to the General Administration of Customs, Ministry of Finance Notice of the State Administration of Taxation on the Tax Policy of Imported Exhibits sold during the China International Trade in Services Exhibition (Jointly signed), for the qualified imported exhibits sold by each exhibitor during the exhibition period, import duties, import value-added tax and consumption tax can be exempted。
The reporter recently learned from the Beijing Customs，The following 5 categories of exhibits，The number of sales per exhibitor does not exceed the upper limit，Can enjoy the preferential tax policy，Including machines, mechanical appliances, motors, electrical equipment (except medical or surgical instruments and equipment) 10 pieces，tractor，Special purpose motor vehicles (except vehicles mainly used for carrying people or freight) 2 pieces，Ship and floating structure 3 pieces，Optical, photographic, cinematographic, metrological, inspection instruments and equipment, precision instruments and equipment 5 pieces, medical or surgical instruments and equipment 5 pieces;For other exhibits, the sales amount of tax incentives for each exhibitor shall not exceed $20,000;Tobacco, alcohol, automobiles, commodities listed in the "Import of Major technical equipment and products that are not exempt from duty", endangered animals and plants and their products, as well as commodities prohibited by the state, can not enjoy tax incentives。
According to the relevant responsible departments of the Beijing Customs, for the exhibits that meet the policy, they should be imported through the "exhibition goods" method first, and the duty-free procedures should be handled by the Customs after the sales during the exhibition period。
For the temporary entry of goods formalities，The relevant units designated by the Beijing International Service Trade Affairs Center complete the customs filing of the Service Trade Association in advance through the "single window"，Adopt the "one record, batch declaration" way to handle customs formalities，The temporary entry exhibits of the Trade fair adopt the integrated customs clearance mode，Unified declaration procedures at the Beijing Convention and Exhibition Center customs，The port customs shall conduct inspection and release。
When going through the duty-free procedures, the domestic consignee needs to declare to the Beijing Convention and Exhibition Center Customs。In the import declaration form, the supervision method should be: General trade (code: 0110);The nature of the exemption should be: Service Trade Commission to purchase exhibits (code: 926);The way of tax deduction and exemption should be: Special case (code: 4)。
(Source: International Business Daily)