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Buyer Community> Trade Intelligence> policy> GACC Announcement No.90, 2014 (on Petroleum Products Import Consumption Tax Hike)_Policy Focus_Export to China
Source: E-to-China E-to-China

GACC Announcement No.90, 2014 (on Petroleum Products Import Consumption Tax Hike)_Policy Focus_Export to China

Published: 10 Mar 2015 01:43:29 PST

In view of environmental governance, energy saving and emission reduction, upon State Council approval, hereby announced are the increases in China’s import-based consumption tax on petroleum products:

1. As regards gasoline, naphtha, solvent oil and lubricating oil, the import consumption tax is raised in unit amount from CNY 1.12/liter to CNY 1.4/liter.
2. As regards diesel oil, aviation kerosene and fuel oil, the import consumption tax is raised in unit amount from CNY 0.94/liter to CNY 1.1/liter.
3. Aviation kerosene import consumption tax remains in suspension.

This Announcement shall enter into effect on December 13, 2014.


Annex1. Petroleum Products Consumption Tax Code & Rate List (omitted)
Annex 2. Petroleum Products Import Consumption Tax Rate List (omitted)


General Administration of Customs of China (GACC)
December 12, 2014

[2014-12-19 17:28:33]

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