New changes of provisional import tax rate 2009
[2009-04-01 09:52:43]
In order to reduce the impact of international financial crisis on China's economy and foreign trade and further bring the customs duty control into full play, so as to promote the stable growth of foreign trade and optimize the commodity composition of import and export as well as push forward change of economic development mode and adjustment of the industrial structure, 2009 Plan for Execution of Customs Duty adjusts the provisional import tax rate to certain extent. After adjustment, the provisional import tax rate covers 673 taxable items and the tax rate ranges from 0% to 40%. The specific adjustment mainly includes 4 aspects as below:
1. In order to support the development of agriculture and rural economy and promote growth of agriculture and farmer's income, the lower provisional import tax rate shall be implemented for agricultural production materials such as animal food, farm chemical intermediate as well as farm machinery and components such as tea leaves picking machine, potato & beet harvester, forage harvester and large-sized reaper. Also, according to the variation of supply and demand at home market, the provisional import rates for bean cake, pork and neem oil are cancelled and the most favored nation tariff is resorted.
2. In a bid to support the development of high and new technology, encourage the enterprise to make independent innovation and push forward upgrading of industrial structure, so as to promote the equipment and manufacturing industry in China, the lower provisional import tax rate shall be adopted for the raw materials such as grain-oriented silicon electrical steel, ion exchange membrane and LCD polarizing disk used in electrics, chemical industry and information technology, which are unavailable in China as well as the equipment and components such as gas laser generator and stepless variable compressor of air conditioner, which are good for introduction and application of new technology.
3. In order to encourage the energy-saving, environment protection, use of renewable resources, sustainable development of economy, the lower provisional import rate shall be continuously available for energy & resource-related products such as selenium, fuel oil, electrolytic copper and waste tantalum as well as raw materials such as glycerine and naphtha and pro-environment equipment and components such as key parts of wind power generation equipment.
1. In order to support the development of agriculture and rural economy and promote growth of agriculture and farmer's income, the lower provisional import tax rate shall be implemented for agricultural production materials such as animal food, farm chemical intermediate as well as farm machinery and components such as tea leaves picking machine, potato & beet harvester, forage harvester and large-sized reaper. Also, according to the variation of supply and demand at home market, the provisional import rates for bean cake, pork and neem oil are cancelled and the most favored nation tariff is resorted.
2. In a bid to support the development of high and new technology, encourage the enterprise to make independent innovation and push forward upgrading of industrial structure, so as to promote the equipment and manufacturing industry in China, the lower provisional import tax rate shall be adopted for the raw materials such as grain-oriented silicon electrical steel, ion exchange membrane and LCD polarizing disk used in electrics, chemical industry and information technology, which are unavailable in China as well as the equipment and components such as gas laser generator and stepless variable compressor of air conditioner, which are good for introduction and application of new technology.
3. In order to encourage the energy-saving, environment protection, use of renewable resources, sustainable development of economy, the lower provisional import rate shall be continuously available for energy & resource-related products such as selenium, fuel oil, electrolytic copper and waste tantalum as well as raw materials such as glycerine and naphtha and pro-environment equipment and components such as key parts of wind power generation equipment.
Source: ETCN
Related Articles:
- Shanghai Imported Medical Devices More YOY in First Half 2017
(2017-08-30) - Shanghai Imported Medical Devices More YOY in First Half 2017
(2017-08-30) - Shanghai Imported Medical Devices More YOY in First Half 2017
(2017-08-30) - Edible Veg. Oil Import to Guangdong with QTY Down & Price Up in May 2017
(2017-08-29) - Edible Veg. Oil Import to Guangdong with QTY Down & Price Up in May 2017
(2017-08-30) - East Guangdong’s Import Value Up 21.8% in First Half 2017
(2017-08-22) - Shantou City “One Belt and One Road” Trade Up in First Half 2017
(2017-08-22) - Alumina Import to Dalian Up YOY in Jan-May 2017
(2017-08-11) - Alumina Import to Dalian Up YOY in Jan-May 2017
(2017-08-22) - Guangdong Province Import Dairy Products Increased in Jan-May 2017
(2017-08-09)
Most Read
- MOFCOM Announcement No. 21, 2012 on AD Ruling on Stainless-Steel Tubes from EU & Japan
(2012-05-09) - Russia Levies High Tariff on Stainless Steel Coil from China
(2010-12-16) - EU Sunset Review on China Sulfanilic Acid Dumping
(2013-10-17) - EU Imposes Provisional Anti-dumping Duties on Chinese Solar Panels
(2013-06-05) - Turkey Starts Probe on China Aluminum Foil
(2014-01-02) - China to Cancel Rebates on Metal Exports by 2015
(2010-07-02) - Colombia AD Duties on China Plastic Plates
(2013-11-22) - EU Final AD Sunset-Review Ruling on Chinese Tartaric Acid
(2012-04-25) - China Firm Charged Zero Tariff in the U.S. "Double Anti" Judgment
(2011-12-05) - India to Levy High Tariffs on Power Equipments from China
(2010-09-03)
Related Photos
ETCN Helps Chinese Micro/Small/Medium Enterprises with Cross-Border E-Commerce |
ETCN Has Passed ISO9001 Certification |
US to Keep Antidumping, Countervailing Duty Orders on Steel Line Pipe from China |
U.S. Anti-Subsidy Ruling on China Raw Flexible Magnets |
Brazil AD Duties on China Motorcycle Tires |
Australia AD Ruling on China Wind Towers |
Brazil AD Duties on China Combs |
U.S. Admin Review Ruling on China Canned Mushrooms |
Canada Final Ruling on Copper Pipes from 5 Countries |