A Baotou customs officer conducts an online paperless document review. [Photo/Baotou Evening News]

Baotou customs has made full use of the national tax reduction and exemption policies and has actively guided eligible companies to go for the benefits especially for major imported technical equipment, according to a July 20 Baotou Daily report.

Officials said the move aims to promote stable growth of foreign trade and to fully support production of high-end equipment manufacturing in Baotou city, located in North China’s Inner Mongolia autonomous region.

In the first half of the year, Inner Mongolia North Hauler Joint Stock Co imported key parts and components for off-highway dump trucks with a total value of $25.54 million and received 37 million yuan ($5.29 million) in tariff and value-added tax exemption or reductions.

In addition, it applied for exclusion from more than 10 commodities worth $2.61 million imported from the United States attracting additional tariffs -- and a total of 3.78 million yuan in tariffs were excluded.

Officials said that in order to stimulate the production chain of companies, Baotou customs is providing "zero delay" services in various areas such as declarations, customs clearances and releases -- to ensure the timely supply of imported parts and components and the smooth delivery of exports.

In addition, special personnel have been deployed to explain the tax reduction and exemption policies and business guidance in advance.

They are also verifying the classifications of products and corresponding tax exemption lists for parts and raw materials urgently needed for the production of businesses. They are also providing guidance for company tax declarations.

Officials said a paperless model of internet plus customs has been adopted and the entire tax reduction and exemption process is now being handled online.