ANNOUNCEMENT 16 May 2014In May 2014, the government of China announced a change in import duties.
NUMBER OF INTERVENTIONS
General Administration of Customs, China: http://www.customs.gov.cn/publish/portal0/tab399/info707515.htm (201439())
On 16 May 2014, the General Administration of Customs issued the "Announcement on Adjusting the Tariff Line and Provisional Import Tariff Rate for ATM Cash Dispenser Products".
With the approval of the State Council, from July 1, 2014, the heading of Tariff Line 8473.40.10, 'ATM Cash Dispensers', will be replaced with 'ATM Cash Dispensers and CRS Cash Dispensers' and receives an import tariff rate of 5%.
The tariff rate of ATM Cash Dispensers before the adjustment was 1%.