ANNOUNCEMENT 03 Dec 2008

In December 2008, the government of China announced a change in the tax legislation for exporters.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 01 Dec 2008 | Removal date: open ended
Still in force

Tax-based export incentive

On 3 December 2008, the Ministry of Finance and the State Administration of Taxation jointly issued the Circular on the VAT Exemption on Black Bean Exportation (Caishui '2008' No.154).
Starting from 1 December 2008, exports of black bean (HS 1201.00.92.00) were exempted from VAT payments.

AFFECTED SECTORS

 

AFFECTED PRODUCTS