IMPLEMENTATION LEVEL
NationalAFFECTED FLOW
InflowANNOUNCED AS TEMPORARY
NoNON-TRADE-RELATED RATIONALE
NoELIGIBLE FIRMS
allJUMBO
NoTARIFF PEAK
NoInternal taxation of imports
On 25 December 2008, the Ministry of Finance, General Administration of Taxation, and the General Administration of Customs jointly issued the "Adjustment of Certain Policies on Import Tax Incentives" (Annoucement '2008' No.43) for the purpose of reforming the VAT regime.
According to this announcement, starting from 1 January 2009, the import VAT levied on the following products will be suspended:
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