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Description
On 17 July 2023, the Chinese Ministry of Finance and State Taxation Administration published Caishui 2023/25, announcing an additional 15% 'super-input VAT credit' for enterprises that produce and sel...
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Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
01 Jan 2023
Revocation date
31 Dec 2027
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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