Effective Date: December 1, 2024
Issuing Authorities: Ministry of Finance (MOF), General Administration of Customs (GAC), and State Administration of Taxation (SAT)
China has expanded its port-of-departure (PoD) tax refund scheme to enhance export competitiveness. Key features of the updated policy include:
Eligibility for Tax Refunds in China
Export enterprises classified as Class I or II in China's tax system are eligible, provided they maintain compliance. Dishonest enterprises are excluded.
Newly Added Ports in China
Ports such as Wuxi (Jiangyin), Shantou, Guangzhou Nansha, and others are now included in China's expanded list of eligible PoDs.
Exclusions in China's Policy
Dangerous goods are excluded from the tax refund policy, which maintains safety standards across the country.
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