Home Facts trade

China Raise Some of the Export Tax Rebates Again

China Raise Some of the Export Tax Rebates Again

Write: Garman [2011-05-20]

According to the Ministry of Finance, with the approval of State Council, some of the export tax rabates are enhanced again. The export tax rabate rates for TV set transmitting equipment and sewing machine increase to 17%; the export tax rabate rates for agricultural goods processing equipment, medicines, box/bag, shoes/cap increase to 15%; the export tax rabate rates for some plastics, ceramic and glass products, aquatic products increase to 13%; the export tax rabate rates for some special stell products increase to 9%; the export tax rabate rates for cornstarch and alcohol increase to 5%.

This policy took effect on June 1st 2009 and could be applied by the date in the customs declaration.