AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Tax-based export incentive
From the 1st of January 2015, the export VAT rebates for boron steel in China were abolished by the State Ministry of Finance in Notice No150/2014. Amongst other export VAT adjustments, the Ministry of Finance announced a removal of the rebates for boron steel. Previously, the rebates stood at either 13 or 9%, depending on the particular product.
⚑ Please report this page in case you detect an inaccuracy in its content.