Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 631/2/7/1
18 November 2008
Dear Sirs,
Commercial Information Circular No. 573/2008
The Mainland of China : Notice Concerning Increasing the Export Tax Rebate Rates for Certain Labour-intensive Products and Other Commodities
The Ministry of Finance and the State Administration of Taxation issued a notice on 17 November 2008 announcing that the export tax rebate rates for certain labour-intensive products and other commodities will be increased with effect from 1 December 2008. The major adjustments include:
increasing the export tax rebate rates for certain rubber articles and wood articles from 5% to 9%;
increasing the export tax rebate rates for certain moulds and glassware from 5% to 11%;
increasing the export tax rebate rates for certain aquatic products from 5% to 13%;
increasing the export tax rebate rates for suitcases, shoes, hats, umbrellas, furniture, bedding, lamps, watches, etc. from 11% to 13%;
increasing the export tax rebate rates for certain chemical products, and non-ferrous metal processing materials like stone, etc. from 5% and 9% to 11% and 13% respectively; and
increasing the export tax rebate rates for certain mechanical and electrical products from 9%, 11% and 13% to 11%, 13% and 14% respectively.
A copy of the notice is attached at Appendix (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 Meea WONG)
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. |