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Home / Metal News / Notice: SMM assessments quoted at lower tax rate from Apr 1

Notice: SMM assessments quoted at lower tax rate from Apr 1

iconMar 21, 2019 11:13
Source:SMM
SMM will provide tax-included price assessments at a tax rate of 13% from Apr 1

SMM will quote our tax-included price assessments at a tax rate of 13% from April 1 when the value-added tax cut of 3 percentage points for China’s manufacturing sector takes effect.

Before April 1, SMM assessments will continue to be quoted at a VAT of 16%.

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For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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