No.15 Announcement of General Administration of Customs in 2009

[2009-03-26 09:10:13]

Under the approval from the State Council, China adjusts the policy on the collection of import linkage consumption tax on finished oil since January 1, 2009, and the detail issues are formulated as follows:

(1)At present, the customs has completed the adjustment on the tax calculation procedure and parameter of import linkage consumption tax on finished oil. For the imported finished oil which had been submitted according to the No. 99 announcement of the General Administration of Customs in 2008, the taxpayer can make an application to transfer cash deposit to tax or refund procedure.

(2)The import finished oil shall pay import linkage consumption tax according to volume (liter). Among them, when importing other diesel oil and fuel oil( HS code: 27101929), lubricating oil ( HS code: 27101992), base oil of lubricating oil ( HS code: 27101993) and other heavy oil as well as its related product (HS code: 27101999), the taxpayer shall make an application to customs to offer the volume measured under standardized condition(25 Celsius degree, l atmosphere). According to the No.99 announcement of the General Administration of Customs, for import finished oil under other tariff items, the taxpayer shall make an application to customs and tax payment after converting amount to volume in accordance with designated calculation formula.
Source: ETCN
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