The National Council will once again increase the export tax rebate rate from seven to five

[The National Council will once again increase the export tax rebate rate from seven to five] The State Council Premier Li Keqiang presided over the State Council executive meeting on October 8 to determine the measures to improve the export tax rebate policy and speed up the tax rebate, so as to reduce burdens and maintain stable growth of foreign trade. . The meeting decided that from November 1, 2018, the current export tax rebate rate for goods will be 15% and part of 13% to 16%; 9% to 10%, some to 13%; 5% Raised to 6% and partially raised to 10%. The export tax rebate rate for products with high energy consumption, high pollution, resource products and tasks facing de-capacity remains unchanged. (21st Century Business Herald)


Post time: Oct-09-2018
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