India issued several changes to tax rates on the supply of goods and services, impacting cell phones, footwear, textiles, fertilizers, matches, certain services and more, India’s Central Board of Indirect Taxes and Customs said March 15. The changes, made during a March 14 Goods and Services Tax Council meeting and set to take effect April 1, include raises to the GST rate on mobile phones and “specified parts” from 12% to 18%. India also increased the GST rate on matches to 12%, instead of a rate of 5% on handmade matches and 18% on other matches. The changes also include “measures for trade facilitation,” include interest on delays in payment of GST, and applications for “revocation of cancellation” of registrations.

China’s Commerce Ministry recently launched a “Public Information Service Platform for Cultural Trade” to guide China’s cultural export “enterprises” during the coronavirus outbreak, according to a March 16 report from the Hong Kong Trade Development Council. The platform also provides updates on coronavirus policy changes relating to trade and tax measures and contains country guides for exporters.

Hong Kong importers are looking to buy ox gallstones, a cattle byproduct, potentially creating “huge export potential” for U.S. beef exporters, according to a U.S. Department of Agriculture Foreign Agricultural Service report released March 12. Ox gallstones are in high demand due to low domestic supply, the report said, and are used in Chinese herbal medicine and sell for high prices. Ox gallstones are not regarded as food and are not subject to Hong Kong regulations covering food imports, the report said.

China’s Guangzhou customs operation recently introduced new measures for online customs facilitation by “administrative counterparts” as the coronavirus outbreak continues, according to a March 13 report from the Hong Kong Trade Development Council. The counterparts may apply for “various” customs approvals online and can use the district’s “Internet-plus Customs special government service platform” to process 15 service items, including “scientific research equipment sharing, and cargo manifest amendment and withdrawal,” the report said. They may also use the agency’s WeChat platform to complete other customs service applications.

China’s Commerce Ministry held calls with the American Chamber of Commerce in China and the European Union Chamber of Commerce in China last week to discuss trade and business issues related to the coronavirus outbreak, according to an unofficial translation of a March 13 ministry notice. China said the calls, which included more than 200 member companies, were intended to address any problems for companies facing delays in resuming production and trade in China, which the ministry said should resume “as soon as possible.” The sides also discussed China’s economy, “corporate assistance policies, labor shortages, inadequate epidemic prevention materials, and logistics.”

China’s Commerce Ministry said the coronavirus pandemic will have an “unavoidable” impact on its supply chains and the global economy but reassured industry that the changes will not be permanent. “Global economic and trade growth is under pressure. The resumption of production and new orders by Chinese foreign trade companies will also be affected,” a ministry official said, according to an unofficial translation of transcript of a March 12 press conference. “The supply chain of the global industrial chain will be disrupted to some extent.”

China introduced new customs measures to reduce clearance costs of imports and exports amid the coronavirus outbreak, according to a March 12 report from the Hong Kong Trade Development Council. The changes, introduced March 10, mean some imports that arrived at ports before the outbreak, and other imports that were not declared in time due to logistical challenges, will benefit from reductions or exemptions in delayed declaration fees, China said. In addition, companies who cannot pay import taxes on time can submit an application to the customs authority with a “proposed tax repayment schedule,” the report said.

Japan and South Korea held an export control policy dialogue March 10 (see 2002210021) to discuss controls on sensitive technologies and concerns surrounding a trade dispute stemming from last year (see 1907010020), Japan’s Ministry of Economy, Trade and Industry said, according to an unofficial translation. Japan said it pushed for “improved” measures surrounding “trade control and technology transfer management in both countries.” The two sides will continue meeting to try to resolve their dispute, discuss “country categories, conventional weapon catch-all systems” and more, Japan said.

China will lift restrictions on imports of certain U.S. nectarines, China’s General Administration of Customs said in a March 4 notice, according to an unofficial translation. China said it will allow nectarines (see 2003100045) that meet certain “quarantine requirements” and published phytosanitary requirements for those imports.

China said it does not think the coronavirus outbreak will cause supply chains to leave the country and have a sustained impact on China’s supply chain base, a Foreign Ministry spokesperson said during a March 11 press conference. “The COVID-19 epidemic only affects the Chinese economy in a temporary and limited manner,” the spokesperson said. He added that industry “still has confidence in China's economic prospects and the resilience of our supply and industrial chains,” and said China hasn’t “seen any major movement of supply and industrial chains from China to other countries due to the epidemic.”