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CN Issues Tax Incentive Policy for Returned Cross-Border E-commerce Export Goods
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From 2026 until the end of 2027, goods declared for export under cross-border e-commerce customs supervision codes (1210, 9610, 9710, 9810) and returned in their original condition within six months due to sluggish sales or returns (excluding food) will be exempt from import duties, import value-added tax (VAT) and consumption tax, the Ministry of Finance (MOF), China Customs and the State Administration of Taxation (SAT) issued an announcement on the Tax Incentive Policy for Returned Cross-Border E-commerce Export Goods saying. Meanwhile, export duties already levied at the time of export will be refunded, while VAT and consumption tax levied at the time of export will be handled according to the relevant tax regulations governing the return of domestically sold goods. AASTOCKS Financial News Website: www.aastocks.com |
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