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Global Trade Alert

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China: Five ships added to roster of 'flag of convenience' vessels officially exempt from import tariffs and VAT

Description

On August 17th, 2018, the Chinese Ministry of Finance released a list of five 'Chinese-funded' vessels using flags of convenience that would be exempted from import VAT and tariffs. The combined deadw...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Aug 2018

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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