China: Certain coalbed gas exploration equipment exempted from import tariffs

Announcement

28 Sep 2016

September 28th, 2016 - The Chinese government announced a change in its import tariff policy.

Source

Number of interventions

1 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Jan 2016

Revocation date:

31 Dec 2020

Updated: 28 Sep 2016

Tax or social insurance relief

The September 2016 announcement from the Chinese Ministry of Finance preferential import tariff scheme is only open to government-approved majority-Chinese controlled firms, this can be seen as a p...

Implementation date

01 Jan 2016

Revocation date:

31 Dec 2020

Updated: 28 Sep 2016

Internal taxation of imports

In addition to the import tariff exemption, the Caiguanshui 2016/45 announcement also exempted the pertaining items from VAT when purchased, provided that they were imported.

Updated: 28 Sep 2016

Import tariff

In September 2016, the Chinese Ministry of Finance announced a policy which granted tariff-free imports for certain equipment required for domestic coalbed gas exploration.

The listed equip...