On 29th July, General Administration of Customs published import tax regarding The Catalogue of Industries Encouraging Foreign Investment (2019 Edition) being in force since July 30. 1. Since July 30, 2019, the customs tax of the self-use equipment foreign-invested projects (including investment-increasing projects) that fall within the scope of the Catalogue of Industries Encouraging Foreign Investment (2019 edition) and imported within the total amount of investment, as well as the technology and supporting parts and spare parts imported with the above-mentioned equipment in accordance with the contract, except for the goods relevant listed in the non-exemption-duty Catalogue of Foreign-invested projectsRead More →
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