New China VAT 6% for logistic activities

New China VAT 6% for logistic activities

1 August 2013

The Chinese government will introduce a new VAT tax for all logistic activities inside China as off the 1st of August 2013.

Official Statement Chinese Government

“In accordance with the new circular 37 of Cai Shui (2013) on “Tax Policy of VAT Pilot Program on Transportation & Modern Services Sector”, jointly issued by the Ministry of Finance (MOF) and the State Administration of Taxation (SAT) of PRC on 24 May 2013, the related VAT tax policy will be expanded nationwide with effect from 1 August 2013, having a direct impact on the taxation of invoices for export and import related services.”

This new VAT policy is applicable to services rendered and charged for in China (Mainland) only and is considered as a local China tax.

For Europe importers, the 6% VAT surcharge will not be passed on to you as a customer at this moment.

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