Recently, after the new tax system of cross-border e-business is implemented and positive list management, the 11.9% comprehensive tax is collected for imported foods. Commodities not in the positive list released by Ministry of Finance shall not enter by bonded mode normally. It also means the “tax-free” time for imported commodities within 500 Yuan is ended.

It is learned that currently the imported food dealers in bonded zones of Shanghai, and Hangzhou, Zhejiang Province have started clearing up inventory or rising price. The cross-broader E-business platforms represented by Netease Koala and Mia.com have started implementing the new policy. The after-tax price of imported formula milk powder and grains and oils is rising.