Announcement on Adjustment of Export Tax Rebate Policy

Nov 19 2024 By Nex-Gen News

 

Ministry of Finance State Administration of Taxation Announcement No. 15 of 2024

The following announcement is hereby made on the adjustment of export tax rebate policy for aluminum and other products:

1. Cancel export tax rebate for aluminum, copper, and chemically modified animal, plant or microbial oils, fats and other products. See Annex 1 for the specific product list.

2. Reduce the export tax rebate rate for some finished oils, photovoltaics, batteries, and some non-metallic mineral products from 13% to 9%.

3. This announcement will take effect on December 1, 2024. The export tax rebate rate applicable to the products listed in this announcement is defined by the export date indicated on the export goods declaration form.

This announcement is hereby made.

Original title: "Two departments issued a document to adjust the export tax rebate policy, which will be implemented on December 1, 2024"