To continue to support the opening-up of the commodity futures market, the related value-added tax policy is hereby announced as follows:
Value-added tax (“VAT”) shall be temporarily exempted for the bonded delivery of commodity futures products that have been approved by the State Council for opening-up.
Source: lexiscn.com
Latest Posts in "China"
- China’s New VAT Refund Policy for Taxpayers Begins September 2025
- China Expands Consumption Tax to Include More Ultra-Luxury and New Energy Vehicles
- China Expands VAT Refunds for Tourists, Jilin Province Joins Scheme from September 2025
- China Introduces New VAT Refund Policy for End-of-Period Tax Credits Starting September 2025
- China’s Major VAT Credit Refund Policy Adjustments: What Businesses Need to Know
