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Provisional Measures on the Administration of Shadow Margin Account Scheme Applied on a Pilot Basis to Imported Materials and Parts for Inward Processing
(Promulgated jointly by the Customs General Administration, the Bank of China, the State Planning Commission, the Ministry of Foreign Trade and Economic Cooperation, etc. on November 16, 1995)

Article 1

Article 2

Article 3

Article 4

Article 5

Article 6

Article 7

Article 8

Article 9

Article 10

Article 11

Article 12

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Manifest

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China - Provisional Measures on the Administration of Shadow Margin Account Scheme Applied on a Pilot Basis to Imported Materials and Parts for Inward Processing, 1995

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Provisional Measures on the Administration of Shadow Margin Account Scheme Applied on a Pilot Basis to Imported Materials and Parts for Inward Processing
(Promulgated jointly by the Customs General Administration, the Bank of China, the State Planning Commission, the Ministry of Foreign Trade and Economic Cooperation, etc. on November 16, 1995)

Article 6

Entities or enterprises engaged in inward processing trade shall go through, according to relevant regulations by Customs Services, the procedures of the cancellation of contracts upon verification with local responsible Customs Services within one month after the execution of the contracts or the re-export of the batch of processed products, before the end of the processing duration verified by confirmation. Customs Services shall issue a Communication List for the Cancellation Upon Verification of Shadow Margin Account, based on which the entities or enterprises engaged in inward processing trade shall go through the procedure of cancellation upon verification of the shadow margin account with the relevant Bank of China, but within the time limit of inward processing as verified by the Customs.


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