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China Tax & Investment Express Issue No. 2021009 - The zero-tariff policy for self-use manufacturing equipment in Hainan Free Trade Port
China Tax & Investment Express (CTIE) brings you the latest tax and business announcements on a weekly basis. We selected some comparatively key announcements to provide for a synopsis and we also provide a link that leads you to the full content of each latest announcement (in Chinese).
Matters covered in this issue include: Notice regarding the zero-tariff policy for self-use manufacturing equipment in Hainan Free Trade Port (FTP); Public notice (PN) regarding the “Implementation Measures of Hainan FTP on the Zero-tariff Policy for Self-use Manufacturing Equipment (Trial)”; Notice regarding the policy for domestic vessels engaged in domestic and foreign trade that refuel with bonded oil and locally produced fuel oil in Hainan FTP; PN regarding extending the third set of exclusions to the goods originating from the United States that are imposed with additional tariffs; Report on the Work of the Government (2021); and Notice regarding the “Catalog of Administrative Measures for Customs Certified Enterprises”.
Please feel free to contact your EY client service professionals for further assistance if you find the announcements have an impact on your business operations.