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Global Trade Alert

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China: Extension of Import Tax Rebate on Liquefied Natural Gas

Description

When import prices are above domestic wholesale prices, 11 enumerated Chinese importers will benefit from a VAT reduction to compensate for the difference.

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

01 Jan 2011

Revocation date

29 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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Threads

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