Announcement
04 Mar 2016
March 4th, 2016 - the Chinese State Administration of Taxation released Notice No16/2016, which reduced the fixed price of imported natural gas, both liquefied and pipeline. The prices will be controlled through VAT adjustments.
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Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
01 Jan 2016
Revocation date:
31 May 2017
Updated: 04 Mar 2016
Tax or social insurance relief
In addition to the above, the Chinese natural gas rebate policy simultaneously consitutes a discriminatory treatment of unknown users of the natural gas imported through the scheme, as imp...
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Implementation date
01 Jan 2016
Revocation date:
30 Jun 2017
Updated: 04 Mar 2016
Import incentive
On the 4th of March 2016, the Chinese State Administration of Taxation reduced the domestic sales price for imported natural gas. To incentivise gas imports, the Chinese government rebates the VAT ...
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Related State Acts
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China: Government adjusts target price for imported natural gas in 2018
22 Dec 2017
China: Government reduces target price for imported natural gas in 2017
26 Dec 2014
China: Government raises target price for imported natural gas in 2014
07 Nov 2013
China: Government raises target price for imported natural gas in 2013
01 Aug 2011
China: New Import Tax Rebate on Liquefied Natural Gas
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