China retains an active value-added tax (“VAT”) rebate program for exports.
[Reposted from Textiles and Trade | David Trumbull | January 6, 2015]
China’s Ministry of Finance increased the VAT rebate for most textile and apparel products to 16 percent in 2009 effective April 1, 2009. According to a news account in World Textile Information Network (“WTiN”) China has increased the VAT rebate on textiles and apparel to 17% (the entire VAT) at the beginning of January. Agathon Associates has contacted the U.S. Department of Commerce and they are working on getting official confirmation.
