- Amendments to Australia’s export control regulations: Changes to the rules governing what can be exported from Australia and under what conditions.
- Increased facilitation measures for AEO enterprises in China: Enhancements to the Authorized Economic Operator (AEO) program, which aims to streamline customs procedures for certified businesses.
- Update on import restrictions in Indonesia: New or revised limitations on what goods can be imported into Indonesia.
- New requirements for e-commerce imports in Japan: Changes in the regulations affecting online purchases shipped to Japan.
- Launch of centralised customs voluntary disclosure mechanism in Malaysia: Introduction of a system allowing businesses to voluntarily disclose customs errors or omissions.
- Updates to duty rates in the Philippines Tariff Schedule: Adjustments to the taxes imposed on imported goods in the Philippines.
- Implementation of the revised FTZ regime in Singapore: Changes to the Free Trade Zone (FTZ) regulations in Singapore.
- Implementation of licensing controls for controlled exports in Thailand: New licensing requirements for certain exports from Thailand.
- Thailand removes VAT and excise tax de minimis concession for imports of low-value goods: Elimination of tax exemptions for low-value imports.
- Extension of the temporary 8% VAT in Vietnam: Continuation of a reduced Value Added Tax (VAT) rate in Vietnam.
Source PwC
