VATupdate

Trade Intelligence Asia Pacific April / May 2021

Highlights:

  • Lead Article : Navigating yesterday today – Much is still wrong in trade compliance management
  • Simplified requirements for export grants in Australia
  • New guidance on internal compliance mechanisms for export controls in China
  • China issues new preferential tax policies
  • Introduction of ‘Good Reputable Status’ Certification in Indonesia
  • India requires registration of electronic circuits and parts
  • India introduces aluminum and copper import monitoring system
  • New reporting requirements for Approved Major Exporter Scheme in Malaysia
  • Singapore plans to introduce Known Consignor regime
  • Thailand increases scrutiny on FTA duty privileges

Thailand publishes new industrial standards for various products

Source PwC

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