Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 631/2/7/1
30 December 2008
Dear Sirs,
Commercial Information Circular No. 662/2008
The Mainland of China : Notice Concerning Increasing the Export Tax Rebate Rates for Certain Mechanical and Electrical Products
The Ministry of Finance and the State Administration of Taxation issued a notice on 29 December 2008 announcing that the export tax rebate rates for certain high-tech and high valued-added mechanical and electrical products will be increased with effect from 1 January 2009. The major adjustments include:
- increasing the export tax rebate rates for inertial navigation systems used for aviation use, gyroscopes, ion ray detectors, nuclear reactors, industrial robots, etc. from 13% or 14% to 17%; and
- increasing the export tax rebate rates for motorcycles, sewing machines and electrical conductors, etc. from 11% or 13% to 14%.
A copy of the notice is attached at Appendix (pdf format) for reference.
ENQUIRIES
- 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
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