Five Chinese Departments Crack Down on Buying And Exporting! Are Your Suppliers Compliant?

Five Chinese departments crack down on buying and exporting! Are your suppliers compliant?

Non-compliance = high risk!

March 28, Chinese General Administration of Taxation and other five departments jointly issued a new regulation, requiring export enterprises must complete the confirmation of tax registration + tax write-off liquidation before customs clearance! The steel industry's “Non-VAT Export (Buying Bill Export)” (e.g., forged transactions, false invoicing, and quick registration and write-off of companies to evade taxes) will be completely rounded up!

Since 2021, China has completely canceled the steel export tax rebate, some enterprises turn to “Buying Bill Export” tax evasion!

Non-compliant enterprises will face:

⚠️ Cargo stranded in the port, loss of millions of freight charges

⚠️ Fines from tax audits and legal liabilities.

⚠️ Interruption of supply chain and collapse of customer trust.

In the face of this escalating policy, MTSCO strongly recommends that you:

Immediately review and stay away from suppliers that may be at risk of tax violations;

Choose reliable exporters with sound export qualifications and tax compliance records;

Prevent the risk of capital loss and order interruption due to supplier seizure or fines.

MT Stainless Steel(MTSCO) - 19 years always insist on compliant export Full chain of evidence traceable!

✅ Authoritative certification guarantee: customs data directly connected to the tax system, 100% document compliance

✅ Full process transparency: from raw material procurement → production → export (customs declaration - invoice - contract three single match), the whole process of image retention, at any time to check!

✅ Real case endorsement: 48 hours fast customs clearance; customs inspection in the last 5 years 0 abnormal records.

Choose MTSCO immediately to lock the triple security line of defense!

Please feel free to contact Mtsco team for policy interpretation.