Starting from June 2, 2023, the Regional Comprehensive Economic Partnership (RCEP) will come into effect for all 15 member countries. According to statistics from the Guangdong Branch of the General Administration of Customs, since the full implementation of RCEP one year ago, the value of imported goods under the Guangdong Port Agreement has reached 15.04 billion yuan, and import taxes have been reduced by 350 million yuan, an increase of 14% and 8.5% year-on-year, respectively. Previously, when we imported from Japan, we could only obtain a general certificate of origin without any tariff preferences. Now, with the RCEP certificate of origin, we can immediately enjoy tariff preferences ranging from 3% to 6%. The applicable tax rate for our imported car VCT motors has been reduced from 12% to 6%, which is a significant benefit for our company Mr. Wu, Manager of Dongfeng Honda Engine Co., Ltd., introduced that the company enjoys up to 32 import tax incentives for its products. The customs within Guangdong Province have actively assisted foreign trade enterprises in making good use of treaty tax preferential policies, achieving new results, and the dividend of tariff reduction continues to be released. Huangpu Customs conducted targeted research on 11 key automotive companies, including GAC Honda and Dongfeng Honda, to help companies make good use of their RCEP rules of origin based on their own product and industry characteristics, and reduce the production costs of domestic automotive manufacturers. As of May 2024, Guangzhou Electric Equipment Co., Ltd., a local enterprise, has enjoyed a tax reduction of nearly 18 million yuan by using RCEP to import automotive motors and other accessories from Japan. Continuously optimize the facilitation level of RCEP customs clearance. Guangzhou Customs takes the construction of "smart customs" as the starting point, and through convenient service measures such as intelligent review and self-service printing, helps to enter the era of "reporting, reviewing, and receiving origin visas immediately". "The RCEP agreement brings new opportunities for the company to further expand into the Southeast Asian market. As long as we apply online, we can pass the review within a few minutes, and our certificate can be quickly sent to customers for customs clearance procedures. It's really convenient!" Xu Meiling, manager of Xingmintai Company, said that the company applied for 28 certificates of origin from January to April this year, doubling year-on-year, involving a value of over 10 million yuan. Actively cultivate "approved exporters" to assist enterprises in going global. Shantou Customs provides precise guidance for enterprises to scientifically choose the "optimal combination" of benefits, actively cultivates and recognizes 15 "approved exporters", accounting for 93% of AEO enterprises issuing RCEP certificates in the customs area, covering five cities in eastern Guangdong, and achieving policy dividends for customs advanced certification enterprises. Hong Zebin, the head of the international department of Julun Intelligent Equipment Co., Ltd., introduced that since the beginning of this year, the company has enjoyed benefits from exporting multiple products with independently issued "declaration of origin". "With the dual identity of AEO certification and approved exporter, the company's recognition and trust in customers' minds have been further enhanced, and the competitiveness of its products in the international market has also been significantly enhanced. The confidence and confidence in 'going abroad' have also been strengthened!" (Xinshe)
Edit：Lubaikang Responsible editor：Chenze
Source：Southern DAILY
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