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China adjusts export tax rebates for several products, including aluminum & copper

Time:Tue, 19 Nov 2024 09:43:43 +0800

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On November 15, China's Ministry of Finance and the State Taxation Administration announced some changes in export tax rebates for a range of products, effective from December 1 this year.

Among them, the export tax rebates for aluminum, copper, and chemically modified animal, plant, or microbial oils and fats would be canceled.

Besides, the export tax rebate rate for some refined oil products, photovoltaic products, batteries, and certain non-metallic mineral products would be cut from 13% to 9%.

The export tax rebate rate applicable to the products involved in this announcement is defined by the export date indicated on the export declaration form.
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