10 Nov 2016
China Raises Export VAT Rebate Rates for Processed Oil and Electronic and Mechanical Products
The Ministry of Finance (MOF) recently issued a circular on raising the country's export VAT rebate rates for a number of products. The rebate rates for cameras, video cameras, internal combustion engines, gasoline, aviation fuel and diesel oil, etc will be raised to17%, effective from 1 November 2016.
Details of the circular and the list of affected items in Chinese are available on the MOF’s website: