Announcement of the Ministry of Finance of the People’s Republic of China on the Cancellation of Export Tax Rebates for Certain Steel Products

Announcement of the Ministry of Finance of the People’s Republic of China on the Cancellation of Export Tax Rebates for Certain Steel Products

  • The Ministry of Finance and the State Administration of Taxation issued an announcement to cancel export tax rebates for some steel products:

Announcement on the cancellation of export tax rebates for certain steel products

The announcement regarding the cancellation of export tax rebates for some steel products is hereby announced as follows:

From May 1, 2021, the export tax rebate for some steel products will be cancelled. See the attachment for the specific product list. The specific execution time shall be defined by the export date indicated on the export goods declaration form.

Special announcement.

Attachment: List of steel products for which export tax rebates have been cancelled.

Treasury

State Taxation Bureau of the People’s Republic of China

April 26, 2021

退税

  • Announcement of the Customs Tariff Commission of the State Council on Adjusting the Tariffs of Certain Steel Products:

In order to better guarantee the supply of steel resources and promote the high-quality development of the steel industry, with the approval of the State Council, the Tariff Commission of the State Council recently issued an announcement: From May 1, 2021, tariffs on certain steel products will be adjusted.
Among them, the zero import tariff rate for pig iron, crude steel, recycled steel raw materials, ferrochrome and other products is implemented; the export tariffs for ferrosilicon, ferrochrome, high-purity pig iron and other products are appropriately increased, and the export tax rate of 25% and 20% are respectively implemented after adjustment. % Temporary export tax rate, 15% temporary export tax rate.

hs

HS2

HS3

HS4

HS5


Post time: Apr-29-2021