- China has extended import tax relief for returned cross-border e-commerce exports through December 31, 2027.
- Returned goods (excluding food) in original condition within 6 months are exempt from import duty, VAT, and consumption tax; export duties may be refunded.
- Applies to exports under customs codes 1210, 9610, 9710, and 9810, with specific rules for bonded e-commerce (code 1210).
- Returns must be due to unsold inventory or customer returns, with strict documentation and authenticity requirements.
- The policy helps businesses manage unpredictable return rates and reduces financial burdens, but requires disciplined compliance and record-keeping.
Source: china-briefing.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "China"
- Zhejiang Tax Bureau Notice on Issuing VAT Ordinary Invoices for Export Business
- China Simplifies VAT Refund Checks to Boost Tourism and Retail Spending
- Boosting Market Access: China Renews VAT and CIT Exemptions for Foreign Bond Investors
- China Expands Instant VAT Refunds to Boost Tourist Spending
- China Urges Targeted, Risk-Based Measures in Invoicing Crackdown to Protect Legitimate Business
