Auction Enterprise Information Reporting: Division of responsibilities, Submission Requirements and Data Review Process

Division of responsibilities for submission of auction enterprise information

To standardize the submission of information in the auction industry, Identify the auction company, Responsibilities of Local Business Authorities and Auction Industry Associations, Specially formulated this method. An auction company refers to an enterprise that operates in accordance with the provisions of the Auction Law and the Measures for the Administration of Auctions., Auction companies established with approval in accordance with the law. The Auction Industry Association refers to the organization that accepts the commission from the local commercial authorities., Responsible for reporting auction company information, Local auction industry association for verification and summary work. Information system refers to the national auction industry management information system established by the Market Construction Department of the Ministry of Commerce.

Auction companies should conscientiously fulfill their information reporting obligations, reality, on time, precise, Submit information comprehensively. Basic information submitted by auction companies, Business information is protected according to law, Without the consent of the Ministry of Commerce or provincial commerce authorities, No unit or individual may publish any information submitted by auction companies.

The Ministry of Commerce is responsible for the centralized management of the national auction industry information submission work, Provincial commerce authorities are responsible for the information submission, supervision and verification of auction companies in their regions.. China Auction Industry Association accepted the commission from the Ministry of Commerce, Responsible for information reporting, Data verification and analysis, etc., After approval by the Ministry of Commerce, Can publish national auction industry data and research reports. Areas with mature conditions, The competent commerce department may entrust the auction industry association to undertake the reporting of corporate information in the region., Verification and summary work.

Submission time and information requirements

Auction companies established with legal approval, Since the date of establishment, The basic information of the company and the operating information of the previous month should be submitted before the 6th of each month (extension in case of legal holidays). Auction companies that did not carry out business activities in the month, Information must also be submitted on time, Relevant operating data is reported as zero.

The auction enterprise establishes a non-independent legal person branch, The operating conditions of branches should be summarized and submitted in a unified manner. Local commercial authorities shall, according to work needs,, Non-independent legal person branches of local auction companies may be required to submit information.. The information reported by branches can be queried separately, Not included in the summary results of regional and national information submissions.

When an auction company fills in business information, The following matters should be noted:

1. Turnover, Commission amount, Business tax, The unit of corporate income tax, etc. is 10,000 yuan (RMB), Keep to two decimal places;
2. Turnover, The events are reported according to the actual occurrence of the month, Commission amount, Business tax, The amount of corporate income tax is reported based on the actual amount collected or paid in the month;
3. Real estate includes buildings occupying land, Structure ownership and land use rights;
4. Intangible assets include trademark rights, patent, Copyright, motor vehicle license plate, Property rights such as naming rights and franchise rights;
5. Cultural relics and artworks include modern and contemporary artworks;
6. Publish multiple announcements to hold auctions with the same subject, Fill in the auction number as 1 time; Hold multiple auctions for the same subject, Fill in the auction number as 1 time;
7. Government departments include land and resources, customs, public security, Industry and commerce, Taxation and other departments, financial institutions including banks, Asset management companies and other units;
8. Lots of different categories auctioned at the same auction, The event is reported once in the category with a large proportion of turnover.; The proportion of the transaction volume of a single category target does not exceed 90%, Turnover, The commission amount should be reported one by one according to different categories.; The proportion of the transaction volume of a single category of targets exceeds 90%, Can be filled in according to this category;
9. Two or more auction companies jointly hold auctions, The auction number shall be filled in by the sponsoring auction company, Turnover, The commission amount shall be reported separately by the auction companies participating in the joint auction according to their respective agreed amounts..

Data review and correction process

Provincial commerce department, Auction industry associations should organize prefecture-level (city)-level commercial authorities, The Auction Industry Association completes the review of last month’s data before the 10th of each month, and aggregate lock data. After data summary is locked, Auction companies cannot modify or supplement data.

If the data submitted by the auction company is incorrect, Handle as follows:

• Prefecture (city) level commerce authorities, The Auction Industry Association has not yet compiled data, Can be modified and corrected by the auction company itself;
• Prefecture (city) level commerce authorities, The Auction Industry Association has compiled data for, Auction companies can apply to the prefectural (city) level commerce authorities for, Auction Industry Association application for revocation summary, or to the provincial commerce department, Auction Industry Association applies for direct modification and correction;
• Provincial commerce department, The Auction Industry Association has compiled data for, Auction companies may apply to the provincial commerce department, Auction Industry Association application for revocation summary.

Ministry of Commerce, The China Auction Industry Association collects and locks the data submitted by auction companies across the country every month.. After data summary is locked, The data submitted by the auction company cannot be modified.. The auction company discovers that there are indeed errors in the submitted data, Available via email, fax, Report the relevant information to the China Auction Industry Association for record through internal emails in the information system..

local commerce authorities, Auction Industry Association, Auction companies should designate a dedicated person to be responsible for information submission., And submit the contact information through the information system or paper submission., Establish a contact mechanism.

Violation handling and enforcement

Local commerce authorities should add auction companies that fail to submit information on time to their key monitoring lists, Timely supervision, The information submitted by auction enterprises will be used as an important reference for supervision and verification and enterprise qualification assessment.. These Measures shall come into effect from the date of issuance, The Ministry of Commerce is responsible for the interpretation.