China to Levy 10% Tariff on Imported Furniture

Posted on April 11, 2012  by Xixi  in Tariff, Tax   Comments Off on China to Levy 10% Tariff on Imported Furniture
China to Levy 10% Tariff on Imported Furniture

The six years of “zero tariffs” era for imported furniture is coming to an end. The 2012 Regulation No. 15, recently released by the China General Administration of Customs clearly defined that an import duty of 10% will be charged on solid wood furniture, leather furniture, rattan & bamboo furniture and other furniture since April […]

China to Adjust the Import Tariff on Liquid-Crystal Display Panel Since April 1st

Posted on March 28, 2012  by Xixi  in Import Tax, Tariff   1 Comment »

According to the Ministry of Finance, the eighth plenary session of the Customs Tariff Commission of the State Council examined and approved the decision that China is to adjust the provisional tax rates of import tariff on 4 tax items since April 1st, 2012, and report to the State Council for approval. It is understood […]