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 Jan 2015 | Removal date: open ended
Still in force

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.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

412 Products of iron or steel
7225 Flatrolled products of other alloy steel, of a width of 600 mm or more.
722540 Other, not further worked than hotrolled, not in coils
7226 Flatrolled products of other alloy steel, of a width of less than 600 mm.
722691 Not further worked than hotrolled
7227 Bars and rods, hotrolled, in irregularly wound coils, of other alloy steel.
722790 Other
7228 Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or nonalloy steel.
722830 Other bars and rods, not further worked than hotrolled, hotdrawn or extruded

Please report this page in case you detect an inaccuracy in its content.