Import Tariffs on Six Rubber Products will be Reduced
Date:2018/12/25 Author: - From: China Rubber Journal
On September 30, tax authority of the state released the “Announcement on Reducing Import Tariffs on Certain Commodities”, in which MFN tariff rate for goods under 1585 tax items was reduced, including six rubber products, with a common reduction rate of 0.5%.
According to the announcement, the new tax rate will be officially implemented from November 1, 2018.
Tax rate adjustment of products and tariff code
No. | Tariff code | Abbreviation of commodity | Tariff in force, % | Adjusted tariff rate, % |
320 | 40092100 | Vulcanized rubber hose of metal reinforcement or metal combination | 10.5 | 10 |
323 | 40117010 | Herringbone tread tires for agriculture and forestry | 17.5 | 17 |
324 | 40118011 | Herringbone tread tires for construction, mining or industrial vehicles with rim sizes not exceeding 61cm | 17.5 | 17 |
325 | 40118012 | Herringbone tread tires for construction, mining or industrial vehicles with rim sizes greater than 61 cm | 17.5 | 17 |
326 | 40119010 | Other new pneumatic rubber tires with herringbone tread or similar tread | 17.5 | 17 |
327 | 40149000 | Other sanitary and medical supplies made of vulcanized rubber | 17.5 | 17 |