General Administration of Customs No.11, 2006

• It will be implemented as of April 1, 2006
• Attached is the List of Common Commodities of Imported Goods with Formula Pricing
• Imported goods other than the Commodity List can  also apply to the customs for examination and approval  of the duty-paid price based on the settlement price  determined by the pricing formula agreed by the buyer and the seller if they meet the requirements of    Article 2 of the Announcement

General Administration of Customs No.15, 2015

• It will take effect on May 1, 2015 and the previous announcement will be abolished
• The announcement of using formula pricing to determine the customs value of goods shall be applicable before August 31, 2021 (including that day);
• Commodities priced by formula are no longer listed in detail

General Administration of Customs No.44, 2021

• It will take effect on September 1, 2021, and the previous announcement will be abolished
• Amend the requirements for filling in customs declaration forms under the condition of formula pricing for imported goods
• Cancel “After the implementation of the formula pricing contract, the customs will implement the total amount verification.”