GACC Announcement No.4, 2015 (on Battery & Coating Import Consumption Taxes)
[2015-02-03 17:36:30]
Upon State Council approval, the Customs will levy import consumption tax on batteries and coatings as follows:
1. As of February 1, 2015, import consumption tax will be imposed at the tax rate of 4% on batteries (except lead storage batteries) and coatings.
Nevertheless, exemption from import consumption tax will be granted to mercury-free primary batteries, nickel metal hydride batteries (also known as "nickel-hydrogen battery"), lithium primary batteries, lithium-ion batteries, solar cells, fuel cells, all-vanadium redox flow batteries and the coatings with volatile organic compound content not more than 420 grams/liter under construction state.
2. As of January 1, 2016, import consumption tax will be imposed at the tax rate of 4% on lead storage batteries under HS Codes 85071000 and 85072000.
Annex 1: Battery Import Consumption Tax Items and Rates List
Annex 2: Coating Import Consumption Tax Items and Rates List
General Administration of Customs of China (GACC)
January 30, 2015
1. As of February 1, 2015, import consumption tax will be imposed at the tax rate of 4% on batteries (except lead storage batteries) and coatings.
Nevertheless, exemption from import consumption tax will be granted to mercury-free primary batteries, nickel metal hydride batteries (also known as "nickel-hydrogen battery"), lithium primary batteries, lithium-ion batteries, solar cells, fuel cells, all-vanadium redox flow batteries and the coatings with volatile organic compound content not more than 420 grams/liter under construction state.
2. As of January 1, 2016, import consumption tax will be imposed at the tax rate of 4% on lead storage batteries under HS Codes 85071000 and 85072000.
Annex 1: Battery Import Consumption Tax Items and Rates List
Annex 2: Coating Import Consumption Tax Items and Rates List
General Administration of Customs of China (GACC)
January 30, 2015
Source: ETCN
Related Articles:
- Singapore's Low Taxes Lure Trafigura
(2012-05-23) - Imported Books Exempt from Taxes in Philippines
(2012-01-05) - Myanmar Removes Some Export Trade Taxes
(2011-09-06) - Cairn Lanka Exempted from Taxes and Import Duties
(2011-08-11) - China Collected Taxes for Foreign Companies
(2010-12-09) - EU May Renew Taxes on Stainless-Steel Screws From China, Taiwan
(2010-11-24) - Finland to Levy Taxes on Sweets, Ice Cream, and Soft Drinks
(2010-09-27) - Russia to Raise Taxes on Mineral Resources in 2011
(2010-09-09) - China may Adjust Taxes for Steel Logistics Industry
(2010-01-08) - Japan Slashes Taxes on Vietnamese Imports
(2009-12-28)
Most Read
- GACC Announcement No.10, 2017 on China-South Korea Goods Origin Info Exchange System
(2017-02-09) - Explanations on Compilation & Release of the "China Export Leading Indicator"
(2014-07-10) - GACC Announcement No.26, 2016 on (Cross-Border E-Commerce Retail Import/Export Control)
(2016-05-10) - GACC Announcement No.46, 2015 (on Uniform Social Credit Code Implementation)
(2015-10-10) - GACC Announcement No. 32, 2016 on (Uniform Social Credit Code for Legal Persons & Organizations)
(2016-05-13) - AQSIQ-CNCA Announcement No. 117, 2012 on Compulsory Certification-Free Products
(2012-08-16) - China Tariffs Implementation Plan for 2013
(2012-12-27) - China Bans Export of Protected Fossils
(2010-11-25) - Announcement of the General Administration of Customs of P. R. China, No. 43, 2010
(2010-07-06) - AQSIQ Announcement No.54, 2014 on China-Switzerland FTA Certificate of Origin
(2014-05-16)
