IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Sep 2016 | Removal date: open ended
Still in force

Tax-based export incentive

In its decision, the Ministry of Finance set the new export VAT rebate at 13%. The rebate is effective from the beginning of September 2016 and applies to ethanol produced from corn among other corn-based products.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

232 Starches & starch products; sugars & sugar syrups n.e.c.
1108 Starches; inulin.
110812 Maize (corn) starch
239 Food products n.e.c.
2103 Sauces and preparations therefor; mixed condiments and mixed seasonings; mustard flour and meal and prepared mustard.
210390 Other
241 Ethyl alcohol; spirits, liqueurs & spirits
2207 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher; ethyl alcohol and other spirits, denatured, of any strength.
220710 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher
341 Basic organic chemicals
2905 Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives.
290542 Pentaerythritol
290543 Mannitol
290544 Dglucitol (sorbitol)
2918 Carboxylic acids with additional oxygen function and their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives.
291811 Lactic acid, its salts and esters
291816 Gluconic acid, its salts and esters
352 Pharmaceutical products
2922 Oxygenfunction aminocompounds.
292241 Lysine and its esters; salts thereof
391 Wastes from food & tobacco industry
2303 Residues of starch manufacture and similar residues, beetpulp, bagasse and other waste of sugar manufacture, brewing or distilling dregs and waste, whether or not in the form of pellets.
230310 Residues of starch manufacture and similar residues

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