Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 631/2/7/1
5 November 2009
Dear Sirs,
Commercial Information Circular No.562/2009
The Mainland of China : Notice Concerning the Exemption of Value-added Tax on
Imports of Copper for the parts Containing Gold
The General Adminstration of Customs has recently issued a notice on the exemption of value-added tax on imports of coarse copper for the parts having gold value, while the parts having no gold value are still subject to value-added tax. According to the notice, the exemption of the value-added tax concerned applies only to the spindle shaped unrefined copper under Mainland tariff code 74020000. A copy of the notice, which has taken effect on 1 November 2009, 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. |