ANNOUNCEMENT 07 Nov 2013

In November 2013, the government of China announced a change to the import-specific domestic duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 07 Nov 2013 | Removal date: 07 Dec 2014
Still in force

Internal taxation of imports

 On 7 November 2013, the Chinese Ministry of Finance issued announcement no. 74/2013 extending the existing preferential import tax policies for three liquified natural gas projects (cf. Related Measures).
With the new announcement in place, the new Sino-Myanmar gas pipeline, the new Zheijang LNG project and the Zhuhai of Guangdong LNG project will receive increased quotas which can benefit from a VAT refund.
The announcement came into force on the day of its issuance. It was repealed on 26 December 2014 by announcement 67/2014.

AFFECTED SECTORS