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Foreign trade enterprises will collect! Provision of 1039 market procurement services

Jul 25,2023

In order to solve these problems and help more trade export small and micro enterprises and self-employed to go to sea smoothly, the customs has introducedCode 1039 Market Purchase Trade Mode Policy
 
 
 

 
So, what is "1039" and can it help you?
 
The market procurement trade mode (the code of the customs supervision mode is 1039) refers to the trade mode in which the qualified operators purchase in the market gathering area recognized by the competent department of commerce of the state, the value of the goods in the single ticket declaration form is less than 150000 US dollars (including 150000), and go through the customs clearance procedures for export commodities at the designated port of the customs.
1. No refund for exemption:
No VAT invoice, cost savings
2, expand the customs declaration limit:
Customs declaration merchandise value increased from $50000 to $150000
3. Classified customs clearance:
Export goods shall be declared and identified and inspected according to major categories.
4. Customs second review:
Export customs audit convenient and fast
5. Innovation of foreign exchange settlement:
Can legally collect foreign exchange payments, without any trade risk, but also allow the use of RMB settlement.
 

-Which goods are not applicable?

(1) Goods whose export is prohibited or restricted by the State;

(2) commodities that have not been confirmed by the market procurement commodity identification system;

3. Other commodities determined by the competent trade control department that are not applicable to market procurement trade methods.

 

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