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Home / Metal News / Three ministries and commissions: imported exhibits within the quota sold by the Service Trade Fair during the exhibition period are exempted from import duties.

Three ministries and commissions: imported exhibits within the quota sold by the Service Trade Fair during the exhibition period are exempted from import duties.

iconSep 4, 2020 17:08
Source:Ministry of Finance

SMM News: the Ministry of Finance, the General Administration of Customs and the State Administration of Taxation issued the Circular on preferential tax policies for Import exhibits sold during the 2020 China International Trade in Services Fair, exempting import duties, value-added tax and consumption tax on import duties, value-added tax and consumption tax on import goods, endangered animals and plants and their products, tobacco, alcohol and cars within the quota sold during the 2020 Service Trade Fair.

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