Global Trade Alert
Global Trade Alert

China: VAT rebate of 15 percent for textile products

Announcement

01 Feb 2009

In February 2009, the government of China announced a change in the tax legislation for exporters.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Feb 2009

Revocation date:

No revocation date

Tax-based export incentive In force

On 1 February 2009, the government of China raised the Value Added Tax(VAT) rebates for designated textile and garment exports. Exporters of the benefitingproducts may recuperate 88 percent of the VAT...

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