Tax Commission [2018] No. 49
General Administration of Customs:
With the approval of the State Council, the Customs Tariff Commission of the State Council decided to adjust the import tax items and tax rates for incoming items. The relevant matters are now notified as follows:
1. Drugs are included in item 1 of the import tax on imported items, and a tax rate of 15% applies. Among them, imported anti-cancer drugs that are subject to a reduced import value-added tax of 3% according to national regulations are taxed at the goods rate.
2. Adjust the rates of import tax items 2 and 3 of imported items to 25% and 50% respectively.
3. The above adjustments will be implemented from November 1, 2018.
See the attachment for the adjusted “Import Tax Rate Table for Imported Items of the People’s Republic of China”.
Attachment: Import tax rate table for imported items of the People’s Republic of China
State Council Tariff Commission
September 30, 2018
