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China Customs & Trade News 

May 2009

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New development of import value added tax ("VAT") exemption policy

In this bulletin, we look at the following topics:

  • Recap of changes to import VAT exemption policy
     
  • Good news comes?
    • Import VAT exemption policy continues for customs special zones
    • Import VAT exemption may still apply in equipment bonded transfer
       
  • Tighten control upon equipment importation?

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Contacts
Colbert Lam
Partner
Hong Kong
Tel: +[852] 2289 3323 Email
Damon Paling
Partner
Central China
Tel: +[86] (21) 2323 2877 Email
Susan Ju
Director
Beijing
Tel: +[86] (10) 6533 3319 Email
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