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Global Trade Alert

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China: VAT rebate of 15 percent for textile products

Description

On 1 February 2009, the government of China raised the Value Added Tax(VAT) rebates for designated textile and garment exports. Exporters of the benefitingproducts may recuperate 88 percent of the VAT...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Feb 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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