AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Tax-based export incentive
On 3 December 2008, the Ministry of Finance and the State Administration of Taxation jointly issued the Circular on the VAT Exemption on Black Bean Exportation (Caishui '2008' No.154).
Starting from 1 December 2008, exports of black bean (HS 1201.00.92.00) were exempted from VAT payments.
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