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China Provides Tax Exemption for Exported Goods Re-Imported Due to COVID-19

|Approved Changes|China
China

China's Ministry of Finance, General Administration for Customs, and State Administration of Taxation have jointly issued Announcement No. 41 on the return (re-import) of exported goods due to force majeure as a result of the COVID-19 pandemic. This includes an exemption from import duty, consumption tax, and VAT on such re-imported goods if the goods were originally exported between 1 January…

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