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Global Trade Alert

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China: Tax-free imports for certain equipment for offshore oil and gas exploration projects

Description

In December 2016, the Chinese government introduced a policy for firms in the offshore oil/gas exploration sector in Cai Guan Shui 2016/69 whereby such firms could import certain equipment without pay...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

01 Jan 2016

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

sector-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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