The local customs issued the announcement (Customs `2015` No.27) to mentioned that in the below circumstance, the surcharges for late payment of duties can be reduced or exempted.
a) The taxpayer really having operational difficulties and can hardly pay the tax within the time limit since the letter for covering the duty is issued and within 3 months from the expiration of time limit, the tax is finally paid;
b) Due to the force majeure or the changes of the national policy, the taxpayer can hardly cover the outstanding tax within the time limit since the letter for covering the duty is issued and within 3 months from the related situation becomes smooth, the tax is finally paid;
c) After the release of the goods, the taxpayer found unpaid or tax evasion from its self-checking and cover it positively;
d) Other special circumstances approved by the General Administration of Customs.
For the qualified companies, the local customs will enter into the agreement on the final approve the such surcharge deduction/exemption with the taxpayer.
If you want to know more details, please contact our senior consultant.
Ms. Jojo Hu
TEL: 0086-21-68868335 ext 324 / FAX: 0086-21-68868021