General Trade

General Trade is a trade mode with customs supervision code 0110, referring to the unilateral import or export of goods by enterprises with import and export rights within China, where the goods are sold or used domestically, typically involving normal payment settlement and tariff payment. It is the most basic and common trade mode in China's foreign trade, applicable to the import and export of most commodities, such as general goods, without specific tax reductions or special supervision policies. Usage scenarios include: enterprises independently purchasing raw materials, equipment, or exporting self-produced products, completing import and export through normal customs declaration and payment of tariffs and value-added tax. Precautions: complete customs declaration documents (contract, invoice, packing list, license, etc.) must be provided, and tariffs and import taxes must be paid in accordance with the law; unlike processing trade (assembly with supplied materials, assembly with imported materials), the ownership of goods in general trade belongs to the domestic enterprise, and it does not enjoy bonded policies; compared with new trade modes such as cross-border e-commerce and market procurement, general trade has more traditional supervision and more standardized procedures. Differences: processing trade imports materials duty-free but finished products must be re-exported, while general trade imports are taxed immediately and can be disposed of freely; border small-scale trade is targeted at border areas and has specific tax preferences.