Announcement
30 Nov 2016
On the 30th November 2016, Chinese Customs Administration announced an increase consumption tax on "ultra-luxury" cars.
Source
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
01 Dec 2016
Revocation date:
No revocation date
As per the decision, the consumption Tax on imported luxury cars of a dutiable value of 1.3m CNY (USD 190'000) or more has been increased by 10% on top of regular import taxes.
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