Wednesday, November 19, 2008

China Export Tax Rebate for fireworks to be increased to 13% after December 1st 2008.

The current Export Tax Rebate is at 5% which was reduced from 13% in June 2007. It has been confirmed that fireworks has been included in the next round of Tax Rebate increase and for exports after December 1st, 2008, the rate will go back to 13%.

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