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China Imposes No Additional Tariffs on Epidemic Prevention Supplies from US

China will broaden the scope of imported supplies exempted from taxes, as specified in the Interim Measures for the Exemption of Customs Duties on Charitable Donations (Announcement No. 102 [2015]). Imported supplies that are donated for the prevention and control of the novel coronavirus epidemic outbreak will be exempt from import tariffs, and from value-added tax and consumption tax in the import process, from 1 January-31 March 2020. The scope of donated supplies has been expanded to include re-agents, disinfectants, protective goods, ambulances, epidemic control vehicles, disinfection vehicles and emergency command vehicles.

Full details can be found in the Announcement on the Tax Exemption Policy for Imported Supplies for Prevention and Control of the Pneumonia Outbreak Caused by Novel Coronavirus (No. 6 [2020]), issued jointly by Ministry of Finance, the General Administration of Customs and the State Taxation Administration.

Meanwhile, the State Council’s Customs Tariff Commission has also issued a circular (No. 6 [2020]). It states that, based on the tax exemption policy outlined above, additional tariffs will not be imposed on imports originating from the US.  In other words, the tariff concession obligations previously suspended by China on US goods under “Section 232 investigation” will be resumed, and additional tariffs imposed by China as a “Section 301” countermeasure will no longer apply. Additional tariffs already collected will be refunded. The implementation period of this policy will correspond to that of the tax exemption policy.

Source: Ministry of Finance and Customs Tariff Commission of the State Council

Content provided by Picture: HKTDC Research
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