Global Trade Alert
Global Trade Alert

China: Export VAT rebate removed for boron steel; increased for selection of other items

Announcement

31 Dec 2014

Effective from January 2015, the Chinese government removed an export incentive for boron steel. In the same announcement, rebates for a selection of other products were increased.

 

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jan 2015

Revocation date:

No revocation date

Updated: 31 Dec 2014
Tax-based export incentive In force

In the same announcement, the export VAT rebate rates for several other products were raised - see taxonomy section for specifics. The changes focus on 'high value-added products, processed corn pr...

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Implementation date

01 Jan 2015

Revocation date:

No revocation date

Updated: 31 Dec 2014
Tax-based export incentive In force

From the 1st of January 2015, the export VAT rebates for boron steel in China were abolished by the State Ministry of Finance in Notice No150/2014. Amongst other export VAT adjustments, the Ministr...

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