On 24 December, the tariff Commission of the State Council promulgated the "Adjustment Plan for the interim tariff rate for Import and Export in 2019", in order to promote high-quality economic development and stable growth of import and export trade, Since January 1, 2019, import and export tariffs on some goods have been adjusted, and preferential tax rates under APTA have been further reduced in accordance with the provisions of APTA.
"View details: China adjusts some import and export tariffs from January 1, 2019
Compared with the agreed tariff Table for further tax reductions, SMM found that the agreed tax rates in 2019 increased in the Asia-Pacific region, with MFN and agreed tax rates for metallic ores and concentrate, slag and scrap largely unchanged. Only other granular slag (slag sand) from smelting steel has an agreed tax rate of 3.2% for the Asia-Pacific region, which is different from 2018 (no Asia-Pacific column is available in 2018).
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