Global Trade Alert
Global Trade Alert

China: VAT rebates on Imported Aircrafts under Financial Leasing

Announcement

13 May 2014

In May 2014, the government of China announced a change to the import-specific domestic duties.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

13 May 2014

Revocation date:

No revocation date

Updated: 13 May 2014
Internal taxation of imports In force

On 13 May 2014, the Chinese Ministry of Finance announced Notice No.16 reducing the VAT on imported aircrafts under financial leasing.
The VAT was reduced from 17 to 5%. All importers who...

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