ANNOUNCEMENT 01 Jan 2009

In January 2009, the government of China announced a change in the tax legislation for exporters.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

PRC State Administration of Taxation, December 29th, 2008. (财税[2008]177号—关于提高部分机电产品出口退税率的通知)
http://www.chinatax.gov.cn/n810341/n810765/n812171/n812675/c1190381/content.html

Inception date: 01 Jan 2009 | Removal date: open ended
Still in force

Tax-based export incentive

On 1 January 2009, the government of China raised the Value Added Tax (VAT) rebates for exports of 553 product types (HS 10-digit level). Exporters of the benefiting products may recuperate up to 80 percent of the VAT included in intermediate products. A total of 161 products have been granted a full rebate of 100 percent.
 
The general VAT in China is equal 17 percent.

AFFECTED PRODUCTS

 
840120 840310 840390 840410 840490 840710 840721 840729 840731 840790 840820 840890 840910 840991 840999 841320 841370 841381 841391 841392 841451 841459 841490 841780 841790 842139 845210 845221 845229 845230 845290 846120 846130 846150 846190 846711 846719 846721 846722 846729 846781 846789 846791 846792 846799 847290 847490 847950 848180 848190 848310 848340 848360 848390 848410 848420 848610 848620 848630 848640 848690 848710 850300 850421 850422 850423 850434 850440 851490 851511 851519 852871 852990 853661 853669 853710 853810 853890 854320 854442 854449 860711 860712 860719 860721 860729 860730 860791 860799 860800 860900 870110 870190 870310 870829 870911 870919 870990 871110 871120 871130 871140 871190 871200 871310 871390 871410 871420 871491 871492 871493 871494 871495 871496 871499 871500 871610 871631 871639 871640 871680 871690 890190 890200 890310 890391 890392 890399 890710 890790 900110 900120 900130 900140 900150 900190 900211 900219 900220 900290 900311 900319 900390 900410 900490 900510 900580 900590 900630 900640 900651 900652 900653 900659 900661 900669 900691 900699 900710 900720 900791 900792 900850 900890 901010 901050 901060 901090 901110 901120 901180 901190 901290 901310 901320 901380 901390 901410 901420 901480 901490 901510 901520 901530 901540 901580 901590 901600 901710 901720 901730 901780 901790 902110 902121 902129 902131 902139 902140 902190 902219 902229 902230 902290 902300 902410 902480 902490 902511 902519 902580 902590 902620 902680 902690 902710 902750 902780 902790 902810 902820 902830 902890 902910 902920 902990 903010 903020 903031 903032 903033 903039 903040 903082 903084 903089 903090 903110 903120 903141 903149 903180 903190 903210 903220 903281 903289 903290 903300
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