IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Jan 2015 | Removal date: open ended

Internal taxation of imports

On 12 January 2015, the General Administration of Customs issued Notice No. 2 of 2015.
 
According to the Notice, several imported petroleum products are now subject to an increased import consumption tax (HS codes 27101210, 27101220, 27101230,27101911, 27101912, 27101919, 27101922, 27101923, 27101929, 27101991,27101992, 27101993, 27101999, 27102000). Depending on the product, the tax increase ranges from 0.1 RMB/L to 0.12 RMB/L.
 
After this increase, the import taxes on Petroleum products range from 1.2 RMB/L to 1.52 RMB/L.
 

AFFECTED COUNTRIES

MAP
TABLE
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AFFECTED SECTORS AND PRODUCTS

333 Petroleum oils & oils of bituminous materials, other than crude
2710 Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic con
271012 Light oils and preparations
271019 Other
271020 Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the bas

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