Publish time:11/13/2017 12:00:00 AM Source: CCM
Information collection and data processing: CCM
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the end of October, the Ministry of Commerce of the People's Republic of China
(MOC) announced officially the import tariff quotas on fertiliser for the year
2018. According to the announcement, the total quantity of imported fertiliser
quotas is 13.65 million tonnes, shared by 3.30 million tonnes of urea, 6.90
million tonnes of monoammonium phosphate (MAP) and 3.45 million
tonnes of compound fertilisers.
state-owned enterprises in China are the main consumers of fertilisers,
accounting for the consumption of 2.97 million tonnes urea, 3.52 million tonnes
MAP, and 1.76 million tonnes compound fertilisers.
quota, under which the imported goods could enjoy favourable tariff for
privately owned companies in China are 330,000 tonnes urea, 3.38 million tonnes
MAP, and 1.69 million tonnes compound fertilisers.
for importers of fertilisers to China, the tariff quotas will be distributed on
a first-come, first-served basis. Hence, the earlier companies are applying for
the imports of fertilisers to China, the better are the chances they will enjoy
the lower duty rate. The enterprises registered with Industrial &
Commercial Administrations may apply for the tariff quota within their business
the application for chemical fertilizer import tariff quotas, an enterprise's
initial quota application will be dependent on past actual use of quota, and
within the initial quantity, the enterprise may apply for Chemical Fertilizer
Import Tariff Quota Certificate in several times. After import or after the
return of unused quota, the enterprise may re-apply for the quota within
initial quota quantity.
exporters of fertiliser to China, the system implies that Chinese companies are
eager to import fertilisers in the early period of the year. Hence,
manufacturers should have this demand in mind when offering their fertilisers
to the Chinese market.
which have never applied for this before, can only apply for 2,000 tonnes,
while the limitation for other companies is between 2,000 tonnes and 500,000
Import and export
tariffs changes in 2017
2017, the export tariffs on some goods like nitrogen fertilizers, phosphate
fertilizers and natural graphite have been eliminated. Eight varieties of goods
remained under tariff quota management: A temporary tariff rate of 1% was
applied to urea, compound fertilizers and ammonium hydrogen phosphates.
regulations for fertilisers
a member of the World Trade Organisation, China is constantly reducing its
administrative barriers for trading. As a result, all different types of
enterprises, no matter state-owned or private ones, are allowed to register for
VAT on imported goods is at a basic rate of 17% for general goods and at a
lower rate of 13% for fertilisers, besides foodstuffs, grains and edible
vegetable oils, gas and other energy products for domestic use, books and
newspapers, magazines, and feedstuff. Foreign-invested export processing
enterprises are required to pay VAT on imported raw materials, parts and
components. Upon exports, the paid VAT will offset the VAT payable on the part
of domestic sale goods. The excess will be rebated.
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