Composite Fabric,bonded fabric,Lamination Fabric Lamination Fabric News Announcement on reducing import tariffs on some commodities

Announcement on reducing import tariffs on some commodities



Taxation Commission Announcement [2018] No. 9 In order to adapt to industrial upgrading, reduce enterprise costs and meet the multi-level consumption needs of the masses, the most-favored-nation tax rate for so…

Taxation Commission Announcement [2018] No. 9

In order to adapt to industrial upgrading, reduce enterprise costs and meet the multi-level consumption needs of the masses, the most-favored-nation tax rate for some commodities will be reduced starting from November 1, 2018, involving 1,585 tax items. Due to the adjustment of the most-favored-nation tax rate, the temporary most-favored-nation tax rates for 39 imported goods will be canceled starting from November 1, 2018, and the temporary most-favored-nation tax rates for the remaining goods will continue to be implemented. Please see the attachment for specific tax items and tax rate adjustments.

This is an announcement.

Attachment: 1. Most-favored-nation tax rate adjustment table for imported goods (textiles)

 2. Adjustment table for the provisional MFN tax rate for imported goods

State Council Tariff Commission

September 30, 2018

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Author: clsrich

 
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