China has warned of stringent action against manufacturers who export defective and counterfeit medical products, including confiscation of the illegal income and punishment, to ensure the overall quality of its foreign trade, the General Administration of Customs said on Monday. The GAC will impose fines of more than 50 percent but less than three times…
DetailsOn April 1, authorities seized more than 6 tons of African pangolin scales in Port Klang, Malaysia. This is the biggest shipment of pangolin scales ever to be discovered in this particular port. The exact origins of this shipment are unknown, especially since traffickers frequently change their routes. Pangolins are the most trafficked animal in…
DetailsKUALA LUMPUR (March 24): The Ministry of Finance (MoF) has exempted import duty and sales tax for the purchase of medical and laboratory equipment, personal protective equipment (PPE) and disposable products by any parties donating to the Ministry of Health (MoH) to help address COVID-19. The Royal Malaysian Customs Department, in a statement today, said…
DetailsOn 20 March 2020, Australian Border Force (ABF) Commissioner Michael Outram countersigned a Memorandum of Understanding on Trade Facilitation with the Singapore Government. Singapore’s Ho Chee Pong, Director-General Singapore Customs and Tan Kiat How, Chief Executive Officer, the Infocomm Media Development Authority have also signed the Memorandum of Understanding. “This MOU will support Australia’s efforts…
DetailsThe devastating impact of coronavirus on global trade and supply chains continues to escalate as non-China Covid-19 infections surpass those recorded in China itself. One upshot is that even as cargo availability in China increases, the implementation of social distancing and isolation policies in a bid to contain the spread of the virus threaten economic…
DetailsFollowing an amendment to Regulation (EU) 2015/2446 on EU customs rules, from 1 January 2021 it will be possible to declare goods up to €150 with a simplified customs declaration. The existing VAT exemption for goods up to 22 € will thus be abolished – the popular shipments from China with the label “Gift, 10$”…
DetailsTransport Minister Datuk Seri Wee Ka Siong clarified today that the government’s purchase of 10 million face masks from the Chinese government was because local manufacturers were unable to keep up with the demand. Wee explained that after the Domestic Trade and Consumer Affairs minister restricted the export of face masks, the existing domestic manufacturers…
DetailsPETALING JAYA: MCA Public Services and Complaints Department head Datuk Seri Michael Chong (pic) has urged the Royal Malaysian Customs Department to release the 10,000 face masks that are currently being held up. Chong said he was frustrated that the face masks donated by two parties that he knew were still stuck at the airport.…
DetailsNANNING, March 18 (Xinhua) — Hundreds of flat-bed and container trucks queued along a border bridge in Dongxing, a city in south China’s Guangxi Zhuang Autonomous Region, waiting for customs clearance, a scene that signifies the recovery of trade on the China-Vietnam border from the COVID-19 epidemic. Pham Van Tan, a 31-year-old Vietnamese, was driving…
DetailsAlong with the other member states of the Gulf Cooperation Council, Saudi Arabia is gradually implementing the taxation of goods deemed to have negative effects on public health and the environment. For example, tobacco products, electronic vaping equipment and liquids, and energy drinks attract tax at a rate of 100 percent — doubling the price…
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