"? Market Purchase Trade (MPT) is a new mode of foreign trade promoted by the State Council that effectively expands the space for foreign trade growth and links two domestic and international markets.In 2013, the Ministry of Commerce took the lead in launching a pilot MPT programme in Yiwu, Zhejiang Province, and in 2014, the General Administration of Customs (GAC) added Customs Supervisory Code 1039.After year-on-year cultivation and development, the MPT pilot programme has increased to 31 pilot projects in five batches, covering 15 provinces and municipalities.
This mode has the advantages of simple declaration, fast customs clearance, allowing multiple subjects to collect foreign exchange, etc., which can well meet the demand for small single, small batch and multi-batch foreign trade, and practically solve the problem of small and micro-enterprises and individual industrial and commercial enterprises that are difficult to export through the general trade mode.2021, China's market procurement exported 930.39 billion yuan, an increase of 32.1% year-on-year.
So, what is market procurement and how to carry out market procurement trade? Let's take a look!
First, what is market procurement
According to the Announcement on the Revision of Market Procurement Trade Supervision Measures and Matters Related to Its Supervision Mode (General Administration of Customs Announcement No. 221 of 2019), market procurement trade mode refers to the trade mode of purchasing commodities in the recognised market agglomeration area, with a maximum value of $150,000 for a single customs declaration, and the eligible operator will handle the export clearance formalities in the Customs of the place of procurement. Market procurement customs supervision mode code "1039", the full (simple) called "market procurement".
Market Purchase Trade
What are the advantages
Firstly, VAT exemption, the goods exported by the operators in the market agglomeration area with market procurement trade are subject to VAT exemption policy.
Secondly, it breaks the bottleneck of exporting goods without invoices. Allowing multiple batches, multiple types and small batches of non-ticketed goods to be exported by market procurement has solved the pain point of "non-ticketed" export of multiple batches of groceries for the majority of small and micro-enterprises and individual merchants, and stimulated the vitality of the market.
Thirdly, trade facilitation has been enhanced. The market procurement implementation of simple declaration, greatly simplified the customs declaration procedures; to achieve convenient customs clearance, market operators can according to their own needs, the flexibility to choose the customs transfer or national integrated customs clearance mode, reducing the cost of enterprise logistics.
I know what is the market procurement trade, that I have to how to handle the market procurement business what to carry out market purchase
Simple process: the main body for the record - transaction registration - group cargo crating - export declaration - transaction is completed to receive Settlement of foreign exchange.
(A) how to carry out the main business for the record?
Foreign trade operators engaged in market purchasing trade, should be to the market cluster where the competent business department for market purchasing trade operators for the record, and to the Customs and Excise Department for the consignee or consignor of imported and exported goods for the record. Foreign trade operators are responsible for the authenticity and legality of their declared goods.
(B) how to operate the simplified declaration of customs declaration?
Each customs declaration corresponding to the list of goods listed in the list of more than five varieties can be implemented in the following way to simplify the declaration:
1. The first five commodities with the largest value of goods shall be declared item by item on the export declaration according to the value of goods from high to low, and the filling of the declaration shall comply with the requirements of the "Specification for Filling Customs Declarations for Imported and Exported Goods of the Customs of the People's Republic of China" (General Administration of Customs Bulletin No. 60 of 2018, Revised in accordance with General Administration of Customs No. 18 of 2019).
2. The rest of the goods in the "Import and Export Tariff Rules of the People's Republic of China" in the "chapter" as a unit of consolidation, each "chapter" according to the value of the largest commodity tax code as a consolidated tax code, the value of goods, the number of the corresponding consolidation.
3. Simplified declaration should be adopted, and the correspondence with the consolidated items should be stated in the list of commodities. However, the simplified declaration is not applicable to commodities with the following circumstances:
(1) subject to export tariffs;
(2) the implementation of export inspection and quarantine;
(3) Customs otherwise not applicable to simplified declaration.
(C) how to solve the risk of traceability management challenges?
Market Purchase relies on the networking information platform to establish a commodity traceability mechanism to participate in the market procurement trade of the main parties (suppliers, service providers, agents, buyers) and the circulation of export goods (filing, trading, group goods, customs clearance, tax management, foreign exchange collection) the implementation of the networking information platform for the whole process of operation and supervision, to ensure that the export of commodities, "the source can be traced, the risk can be controlled, Responsibility can be investigated", to solve the previous grocery commodities export traceability difficult, difficult to manage the criticism. Commodities Not Applicable to Market Purchase Trade
According to the Announcement on Revision of Market Purchase Trade Supervision Measures and Matters Related to Its Supervision Mode (General Administration of Customs Announcement No. 221 of 2019), the following export commodities are not applicable to Market Purchase Trade mode:
(i) Commodities whose export is prohibited or restricted by the State;
(ii) Commodities that have not been confirmed by the Market Purchase Commodity Identification System;
(iii) Other commodities determined by the competent trade control authorities as not applicable to the market procurement trade mode.
The current scope of the catalogue of commodities not applicable to export under the market procurement trade mode issued by the Ministry of Commerce and other seven ministries and commissions includes:
1. Catalogue of Goods Prohibited for Export
2. Catalogue of Goods under Export Licence Management
Catalogue of Export Licence Management for Dual-use Items and Technologies
4. Catalogue of Imported and Exported Species of Wild Fauna and Flora
5. Catalogue of Psychotropic Substances
6. Catalogue of Narcotic Drug Species
7. Catalogue of Import and Export Pesticides
8. Catalogue of Doping Agents
9. Catalogue of Commodities Managed for Import and Export of Gold and Its Products
10、Catalogue of Toxic Chemicals Strictly Restricted for Import and Export in China
11, New Coronavirus Detection Reagents, Medical Masks, Medical Protective Clothing, Ventilators, Infrared Thermometers and Non-Medical Masks (Suspended)"
