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. 664/2008
The Mainland of China : Notice Concerning the Value-added Tax Rates for Mining
and Dressing Products of Metal Ores and Non-metallic Minerals
The Ministry of Finance and the State Administration of Taxation have recently issued a notice announcing that the value-added tax rate for mining and dressing products of metal ores and non-metallic minerals will be increased to 17% from 13% with effect from 1 January 2009 and the value-added tax rate for table salt will remain at 13%. A copy of the notice is attached at Annex (pdf format) for reference.
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For details of the "Provisional Regulations on Value-added Tax of the People's Republic of China" and its implementation rules, please refer to CIC No. 566/2008 dated 17 November 2008 and CIC No. 647/2008 dated 18 December 2008 respectively.
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. |