Global Trade Alert
Global Trade Alert

China: New policy to allow certain ships exemptions from import tariffs and VAT

Announcement

31 Aug 2016

August 31st, 2016 - The Chinese government announced a new preferential tax policy for certain transport vessels.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Sep 2016

Revocation date:

30 Sep 2019

Updated: 31 Aug 2016
Tax or social insurance relief

The Chinese State Administration of Taxation's Caiguanshui 2016/42 issued on 16 August 2016 instituted a policy which granted import tariff exemptions for majority Chinese-funded ship...

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Implementation date

01 Sep 2016

Revocation date:

30 Sep 2019

Updated: 31 Aug 2016
Import tariff

On August 31st, 2016, three Chinese ministries jointly released Caiguanshui 2016/42 (hereafter, 'Announcement'), which implemented a policy allowing certain ships using a Chinese flag of c...

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