Luzhou customs pilot Hefei China-European train freight section settlement

Luzhou Customs under Hefei Customs issued a tax refund notice for 43 tickets of cotton yarn imported through the Hefei China-European Liner, which marked the success of the first special train of Luzhou Customs to carry out the reform of freight mechanism of "one single end, two segments settlement". Through the freight segment settlement, the train realized that the freight of the domestic section of the Hefei China-European Liner was not included in the tax-paid price, deducting the freight of the domestic section totaling 362,500 yuan and reducing the tax exemption fee for the enterprise by 20,483.92 yuan.

In order to better play the reform and innovation initiatives in stable foreign investment, stable foreign trade in a positive role, and effectively reduce taxes and burdens for enterprises, Luzhou Customs in-depth understanding of the operation of the Hefei China-European Liner and freight charges, scientific analysis of international railroad transport costs, interpretation of the valuation regulations, through different lines before unloading, after the transport distance ratio of scientific and reasonable apportionment of foreign, domestic section freight, the successful pilot Hefei China-European Liner domestic section freight charges are not included in the tax-paid price, effectively reduce the cost of international trade, to support foreign trade enterprises to better use land transport channels.

As the first batch of enterprises to enjoy the benefits of freight section settlement reform, Fang Xianyou, deputy general manager of Anhui Light Industry International Trade Co., Ltd. said, "Customs take the initiative, enthusiastic guidance, for enterprises to handle the relevant tax rebate procedures, reduce freight costs, help market players to alleviate the development of the freight section settlement reform to further promote the implementation."