E-customs clearance is an Internet public statistics center jointly developed by 12 state departments including the Central Administration of Customs. It is designed store import & export information, record funds and cargo statistics, share and exchange data exchange between administrative authorities, serve as the electronic port management and services, and help importers and exporters clear customs.
E-customs clearance-Electronic payment services
The electronic payment mechanism of the E-customs clearance system is a new service based on the traditional tax payment mode through connecting to the customs system, public data center and CMB's business system. It serves to deliver better and faster online taxation services for customers.
Corporate customers can check taxation notices and give payment instructions online. After receiving instructions, CMB will deduct taxes from the accounts of corporate customers. After payment, corporate customers can complete related clearance procedures.
Taxes that can be paid online
Import & export duty, countervailing duty, specific duty, import VAT, import excise duty and deferred customs duty, and supervisory fees can be paid online.
Application for the electronic customs payment service
1. Corporate applicants must pass the qualifications examination, obtain IC cards for their legal representative and operator, and meet related online payment conditions;
2. Corporate applicants must have opened bank accounts with CMB for duty payments;
3. Corporate applicants must apply for user registration, operator registration and authorization to the customs authority and CMB; and
4. Corporate applicants must sign service contracts with the customs authority, CMB, and electronic port data center.
Online payment procedures
1. The corporate customer declares duty on the port website.
2. The customs system sends the taxation notice to the data center.
3. The customer receives the notice.
4. The customer gives tax payment instructions.
5. CMB deducts the duty from the customer's bank account, and transfers it to the custody account.
6. CMB issues a receipt.
7. CMB forwards the receipt to the customs system.
8. The customer completes the customs procedures.
9. Customs examines the cargo, and the customs system sends the payment confirmation instruction.
10. CMB transfers the money from the custody account to a temporary account, and then to the state treasury or customs’ payment collection account after the check has been performed.
11. CMB issues a successful tax payment notice to the data center.
12. Customs receives the notice and writes off tax (expense) documents.
Advantages of online payment
1. Improves the management efficiency of national administrative authorities, promotes fair competition, and realizes one-stop government services.
2. Simplifies the tax payment process, shortens the customs clearance period, improves efficiency and cuts costs.
3. Promotes taxation transparency given that corporate customers can track the entire tax payment process online.
4. Accelerate the export tax refund process, exchange settlement, and sales verification.
5. Enables companies to pay taxes anytime, anywhere.
Improves cost-effectiveness, is user friendly, and is protected by multiple methods.
All the contents stated above are for your reference only. Please consult the local branch of China Merchants Bank for further information. China Merchants Bank reserves the ultimate right of interpretation for the contents in this page.