Journalists learned on the 13th from Haikou Customs that since the official implementation of the Regional Comprehensive Economic Partnership (RCEP), the RCEP endorsement issued by Haikou Customs has been growing annually, the number of enterprises enjoying preferential treatment has been increasing, the tariff reduction efforts have been intensifying, and the level of RCEP benefits has been significantly enhanced.
As of October this year, Haikou Customs has issued a total of 1,740 RCEP certificates of origin, with an endorsed amount of 1.421 billion yuan. Enterprises can enjoy about 71 million yuan in the reduction of import duties, covering 38 enterprises that enjoy preferential treatment, cultivating 2 approved exporters, and businesses have self-issued 958 certificates of origin.
Recently, the Haikou Port Customs issued an RCEP certificate of origin for a batch of non-woven fabrics worth 290,000 yuan to Hainan Xilong Nonwoven Co., Ltd. "With the RCEP certificate of origin, the import duty on this batch of goods will be reduced from 4.3% to 2.7% upon arrival in Japan," said the company representative. Japan is the company's main export destination, and since the implementation of RCEP, Japan has implemented four tariff reductions on the company's products. With the continuous release of RCEP benefits, the tax rate will eventually drop to zero From January to October this year, the company has applied for 210 RCEP certificates of origin, with a visa amount of 51.053 million yuan, and is expected to enjoy tariff preferences of more than 810,000 yuan in the destination country.
Feng Yunyun, head of the Tariff Department of Haikou Customs, introduced that in order to help enterprises improve their RCEP benefit levels, Haikou Customs, based on the actual needs of Hainan's foreign trade development, has designated specialists to provide "one-on-one" policy-related services to solve problems. It helps enterprises to make the best tariff tax rate planning and continuously guides enterprises to seize the development opportunities of RCEP to fully enjoy the policy benefit.
Source:TheHaikouGuide
