Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 631/2/9
9 March 2009
Dear Sirs,
Commercial Information Circular No. 126/2009
The Mainland of China : Notice Concerning Adjustment of the Interest Rate
for Deferred Payment of Tax on Processing Trade Products for Domestic Sale
The General Administration of Customs issued a notice on 6 March 2009 announcing that the interest rate for deferred payment of tax on processing trade products for domestic sale would be adjusted temporarily by making reference to the interest rate for demand deposits announced by the People's Bank of China instead of the one-year benchmark lending rate. A copy of the notice is attached at Annex (pdf format) for reference.
ENQUIRIES
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If you have any questions on the content of this circular, please contact Ms. Eugenia CHAN at 2398 5444.
Yours faithfully,
(Miss Crystal YAN)
for Director-General of Trade and Industry
| Note : | While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same. |