On January 3, 2020, the General Administration of Customs issued a notice on customs supervision of export commodities in the mode of market procurement trade. Market purchase trade mode refers to the trade mode of purchasing goods in the recognized market cluster area and the qualified operators handle the export clearance procedures. The maximum value of single bill of entry is 150000 US dollars. Market procurement trade mode excludes: Goods prohibited or restricted by the state for export; Goods that have not been confirmed by the identification system of market purchased goods; Other goods that are not suitable for marketRead More →
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