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: No inception date

Tax or social insurance relief

Besides the provision of funds for investment in automotive battery entreprises, the PRC Ministry of Industry and Information Technology announcement also promises the exemption from power batteries from domestic VAT and stipulates that battery producers may be eligible for reduce corporate taxes as well as other tech-related tax incentives.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

464 Accumulators, primary cells & primary batteries; parts
8506 Primary cells and primary batteries.
850610 Manganese dioxide
850640 Silver oxide
850650 Lithium
850660 Airzinc
850690 Parts

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