China: Implementation of processed corn products export VAT rebate

Announcement

19 Aug 2016

On 19 August 2016, the Chinese Ministry of Finance announced the implementation of an export VAT rebate for processed corn products.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Sep 2016

Revocation date:

No revocation date

Updated: 19 Aug 2016

Tax-based export incentive In force

In its decision, the Ministry of Finance set the new export VAT rebate at 13%. The rebate is effective from the beginning of September 2016 and applies to ethanol produced from corn among other cor...

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