Rules and Operating Process for Processing Trade Enterprises' Domestic Sale of Bonded Goods

Detailed Explanation of Regulations and Procedures for Domestic Sales of Bonded Goods by Processing Trade Enterprises

In recent years, with the continuous development of global trade and the expansion of free trade zones, the issue of domestic sales of bonded goods by processing trade enterprises has become increasingly prominent. Bonded goods refer to imported goods that are temporarily exempt from customs duties and value-added tax while stored in special customs-regulated areas or specific regions approved by customs. When these goods need to be sold domestically, enterprises must declare, obtain approval, and handle relevant procedures according to relevant regulations. This article will provide a detailed explanation of the regulations and procedures for domestic sales of bonded goods by processing trade enterprises, helping enterprises better understand relevant policies and ensure legal and compliant operations.

I. Regulations for Domestic Sales of Bonded Goods

1. Goods Scope The domestic sales of bonded goods mainly target goods imported from overseas and stored in special customs-regulated areas or specific regions, including but not limited to electromechanical products, chemical products, food, medical devices, etc.

2. Declaration Time Enterprises must declare the matter of domestic sales of bonded goods to customs before the sale of goods and complete relevant procedures within the specified declaration time. The declaration time is usually within a certain period prior to the sale of goods.

3. Declaration Method Enterprises can choose between formal declaration or rapid declaration. Formal declaration is suitable for large-scale and high-value goods, while rapid declaration is suitable for small-scale and low-value goods.

4. Approval Procedure Enterprises need to submit relevant application materials to customs, including import contracts, invoices, packing lists, as well as enterprise qualifications and information about the goods. After customs review, goods that meet the conditions can obtain domestic sales permits.

II. Domestic Sales Process of Bonded Goods

1. Prepare Materials Enterprises should prepare relevant application materials in advance to ensure they are complete, true, and valid.

2. Submit Application Submit the application materials to the local customs and pay relevant fees according to requirements.

3. Review and Approval Customs reviews the application materials. Goods that meet the conditions can obtain domestic sales permits.

4. Customs Declaration and Clearance Enterprises must handle formal or rapid customs declaration procedures within the stipulated time and conduct on-site verification or supplementary declarations as required by customs.

5. Tax Settlement Enterprises pay relevant taxes and fees to customs according to the domestic sales permit and relevant regulations in a timely manner.

6. Sales and Shipment After completing tax settlement, enterprises can proceed with sales and shipment.

When handling the procedures for domestic sales of bonded goods, enterprises should pay attention to the following points

1. Ensure that the declaration materials are true and accurate, and avoid false reporting or concealment.

2. Pay taxes and fees in a timely manner to avoid additional expenditures such as late payment penalties.

3. Comply with relevant regulations and processes to avoid unnecessary losses and risks caused by non-compliant operations.

4. Maintain good communication with customs departments, stay informed about policy changes and operational procedures, and ensure legal and compliant operations.

In summary, the domestic sales of bonded goods by processing trade enterprises is an important business activity. Enterprises should fully understand relevant regulations and procedures to ensure legal and compliant operations. At the same time, enterprises should also pay attention to policy changes and market dynamics, continuously improve their competitiveness and adaptability, and respond to the constantly changing market environment.