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Global Trade Alert

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China: Tax exemption for fuel oil used in plastics manufacture

Description

In August 2010, the PRC Ministry of Finance announced a policy where all tax paid on fuel oil in 2010 was eligible for a refund when purchased for use in the manufacture of plastics and aromatics, pro...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2010

Revocation date

31 Dec 2010

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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