According to Chinese people bank, RMB exchange rate traded on Feburary 28, 2007 the dollar is 1 dollar add to the convert price of RMB Bank of China 7.7409 RMBs, so exchange rate of duty of goods of imports and exports will press 7.7409 RMBs of 1 dollar = to calculate March. Hope the cotton that has business of imports and exports and spin enterprise notice.
According to custom total arrange announced on October 30, 2005 2005 the 53rd announcement, place of goods of every month imports and exports collects excise to lead an applicable exchange rate to be a month the 3rd Wednesday (be legal holiday the 3rd Wednesday, postpone is used the 4th Wednesday) the price of foreign currency convert of the Bank of China (price of convert of the travel in abbreviation) . When cotton of imports and exports declared at customs March, want that is to say with the 4th of Feburary Wednesday (on Feburary 28) the convert price that the Bank of China announces will calculate custom duty.
