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Notice: SMM assessments quoted at lower tax rate from Apr 1
Mar 21,2019 11:13CST
price review forecast
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%.

SMM assessments

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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