ANNOUNCEMENT 12 Jan 2015

In January 2015, the government of China announced a change to the import-specific domestic duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 13 Jan 2015 | Removal date: open ended
Still in force

Internal taxation of imports

On 12 January 2015, the General Administration of Customs issued Notice No. 2 of 2015.
 
According to the Notice, several imported petroleum products are now subject to an increased import consumption tax (HS codes 27101210, 27101220, 27101230,27101911, 27101912, 27101919, 27101922, 27101923, 27101929, 27101991,27101992, 27101993, 27101999, 27102000). Depending on the product, the tax increase ranges from 0.1 RMB/L to 0.12 RMB/L.
 
After this increase, the import taxes on Petroleum products range from 1.2 RMB/L to 1.52 RMB/L.
 

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AFFECTED PRODUCTS