MOF: Import Tariff of Resources Products to Maintain Low Tax Ratio in 2010

The Ministry of Finance (MOF) claims on December 16 that it will lower the tax ratio of import tariff of natural rubber in 2010 with the import tax ratio of the resources products including coal and polysilicon remaining the low position.

The Interim Tax Rate Schedule for Imported Commodities issued by MOF indicated that the import tariff of natural rubber will be lowered to RMB2000 per ton next year while RMB2600 per ton at present. The next year's interim tax rate for anthracite, coking coal, other soft coal and coke remains zero with that of polysilicon being 1%.