The Electronic Information Exchange System Of China - Pakistan's Country

- May 16, 2018-

according to the general administration of customs announcement in April, since April 30, 2018, the electronic information exchange system of "China - Pakistan's country of origin" officially launched operation, real-time transmission of the electronic data of origin under the agreement. Pakistani customs will master the actual value of Chinese products and the declared value of the importer, which is conducive to its efforts to combat low reported export and tax evasion and tax evasion. This means that the clearance amount declared by the local importer in Pakistan must be consistent with the export amount declared by the Chinese exporter to the Chinese customs, so that the customs clearance can be completed successfully. Otherwise, local importers in Pakistan will be fined. At present, Pakistan customs has begun to implement this provision.