Xiaobian has sorted out the applicable exchange rate for customs in March, to facilitate everyone to carry out trade cost accounting in March!
The specific exchange rate is as follows:
May I ask the basis for the customs to levy the exchange rate?
According to the provisions of Article 16 of the Measures for the Administration of Taxation on Import and Export Goods of the People's Republic of China (Order of the General Administration of Customs No. 124 of 2005), the rate of exchange calculated by the Customs every month shall be the benchmark exchange rate of foreign currency against RMB published by the People's Bank of China on the third Wednesday of the previous month (if the third Wednesday is a legal holiday, the fourth Wednesday shall be deferred);
If the price is denominated in a foreign currency other than the benchmark exchange rate, the middle value of the spot buying price and the spot selling price published by the Bank of China at the same time shall be adopted (RMB Yuan shall be rounded to retain 4 decimal places). In the event of major fluctuations in the above-mentioned exchange rates, the General Administration of Customs may, when it deems necessary, prescribe a different rate of exchange and make it public.
