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Global Trade Alert

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China: VAT rebates for businesses in recycling industry

Description

On December 9th, 2008, two Chinese ministries (Ministry of Commerce and State Administration of Taxation) released Caishui 2008/156 (hereafter, 'Annnouncement'), which instigated a policy granting VAT...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2009

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

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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