Processing Trade Manual

The Processing Trade Manual is the core document used by Chinese customs to supervise processing trade enterprises, with the full name 'Processing Trade Registration Manual'. Before engaging in import processing or contract processing business, enterprises must apply to customs for filing and obtain the manual, and use the manual to handle bonded import of materials, export of finished products, and verification procedures. Usage scenarios: The manual runs through the entire processing trade process, including material import, finished product export, surplus material carry-over, and domestic sales taxation. Precautions: The manual has a validity period (usually 1 year), and import/export and verification must be completed within the validity period; materials and finished products must correspond in unit consumption, and unauthorized substitution is not allowed; the manual is prohibited from transfer or sale. Differences from other terms: General trade customs declarations do not require a manual, while processing trade must be declared with a manual; the manual differs from electronic account books, as the manual is based on contracts, while account books are based on enterprises, suitable for enterprises of different scales. Foreign trade practitioners need to be familiar with the application, modification, and verification procedures of the manual to avoid customs penalties due to expired manuals or inconsistent unit consumption.