The July / August 2022 issue of Trade Intelligence includes the following highlights:
- Yellow card. Red Card. Suspension. The practical landscape of penalties in ASEAN
- “Free” rate of customs duty for electric cars in Australia
- New updates on the voluntary disclosure process for tax-related violations in China
- Changes to India Customs’ advance ruling process
- Changes to the treatment of low value goods in Malaysia
- Malaysia Customs’ treatment of quantity deficiencies in Special Areas
- New reward mechanism for informants in the Philippines
- Singapore Customs fine company S$558,000 for making false statements in applications for preferential certificates of origin
- Taiwan updates their tariff system to align with the HS 2022 Edition
- Inspection of goods under DFT’s watchlist before issuing a non-preferential certificate of origin in Thailand
- Exemption of import duties for goods that are reimported into Vietnam
- A refund request required in Vietnam to take advantage of tariff benefits under RCEP
Source PwC
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