China adjusts tax on plane, lignite imports
Updated: 2013-09-03 09:04
(Xinhua)
|
|||||||||||
BEIJING -- China has increased the value-added tax from four percent to five percent on imports of planes with an empty weight of above 25 metric tons, the central government announced on Monday.
Meanwhile, for imported planes with an empty weight between 25 and 45 metric tons, the import tariff rate has been adjusted from the previous one percent to five percent, according to a statement posted on the central government's website.
The country has also scrapped its zero-tariff policy on imports of lignite, a form of low-rank coal. Instead, a three-percent tax has been resumed, the statement said.
It said that these adjustments had become effective on Aug 30.
Related Stories
Chinese mining companies have huge receivables 2013-08-28 17:12
Coal sales, output fall as demand falters 2013-08-21 08:05
Yancoal Australia reports $688m H1 loss 2013-08-19 15:31
Shanxi takes actions to steady coal market 2013-08-01 08:00
Fuel powers economic surge 2013-07-24 07:20
Coal firm forced to cut prices amid bleak market 2013-07-04 15:25
Today's Top News
Cooperation with Eurasia against terrorism urged
Assad slams Western accusation
Premier Li sees opportunities despite dispute
Xi's visit to Turkmenistan lauded
Home prices keep rising in August
Banks rake in profits
Automakers look to drive sales overseas
Trading error dims Everbright's prospects
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Choosing a sailor's life |
Tin city explores economic shift |
Caught in the Web of rumor and innuendo |
Power points |
Magnetic attraction for
|
Urban push |