Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 631/2/7
30 January 2009
Dear Sirs,
Commercial Information Circular No. 58/2009
The Mainland of China : Notice Concerning the Application of Low Value-added Tax Rate on Certain Products and the Implementation of Simplified Method for Levying Value-added Tax
The Ministry of Finance and the State Administration of Taxation recently promulgated a notice to clarify issues relating to the value-added tax rate on certain products and the implementation of simplified method for levying value-added tax, which took effect on 1 January 2009. A copy of the notice is attached at Annex (pdf format) for reference.
- 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
- 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. |