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Global Trade Alert

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China: Inaugural 13 'flag of convenience' vessels officially exempt from import tariffs and VAT announced

Description

On December 30th, 2016, three Chinese ministries jointly released an announcement that revealed the first 13 ships that would benefit from a new policy which granted VAT and tariff exemption to certai...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Dec 2016

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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