The January / February 2024 issue of Trade Intelligence includes the following highlights:
- A little knowledge. The practical dangers of knowing too much or too little
- Indian Customs only accepting paper certificates of origin for ASEAN origin exports
- China updates customs related dispute resolution process under Administrative Reconsideration Cases
- New ruling says that India Customs must prove what it thinks is the correct tariff classification code if it alleges that an import has been misclassified
- New Indonesian import restrictions start biting
- Increased audit scrutiny on cross-border related-party transactions in Korea
- Option to extend re-export timeframe to remain eligible for sales tax exemptions in Malaysia
- Launch of mandatory eCO portal in the Philippines to apply for ATIGA e-Form D
- Newly revised Free Trade Zone regime took effect in Singapore
- Maximum penalty for bonded warehouse and container yard violations increase by tenfold in Taiwan R.O.C
- Vietnam issues revised rules of origin and origin certification procedures
Source PwC