October 31 2018

MOF and SAT Issue Circular to Adjust Export Tax Rebate Rates for Some Products

The Ministry of Finance and the State Administration of Taxation recently issued the Circular about Adjusting Export Tax Rebate Rates for Some Products.

According to the circular, exporters of bean pulps will not get tax rebates starting from November 1, 2018. Export tax rebate rates for certain products, such as photographic film, lubricant and some agricultural products, will be increased. Besides, export tax rebate rates for other products will be raised by one percentage point to 16%, 10% and 6%, respectively.