Latest News:  
Beijing   Sunny    17 / 4   City Forecast

People's Daily Online>>China Business

China to increase tariff on imported LCD board

By Dong Changqing (Beijing Daily)

14:03, March 26, 2012

Edited and translated by People's Daily Online

Approved by Chinese State Council, the provisional imported tax rates of four tax items including liquid crystal display boards and camera eyepieces will be adjusted beginning from April 1, 2012, announced by the Ministry of Finance on March 22, 2012.

The provisional tax rates of 3 percent for the 32-inch and above imported liquid crystal display boards without a backlight module will be cancelled. The most-favored-nation tax rates of 5 percent will apply.

The other three tax items are crosscut knives used on paper cutter, camera eyepieces with a diopter control apparatus and other eyepieces with a diopter control apparatus. The most-favored-nation tax rates of the three items in 2012 will be 8 percent, 15 percent and 15 percent respectively and the provisional tax rates are 3 percent, 10 percent and 10 percent.

According to the most-favored-nation clauses, the tax rates of the most-favored-nations are usually no higher than that of the like products of the third country at present or in the future. The provisional tax rates normally are lower than that of the most-favored-nations, which is beneficial to import of much-needed products and will promote economic development.

Email|Print|Comments(Editor:张洪宇)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Duiker Island: paradise for seals

  2. Winners at 8th CHIPP contest

  3. Training of Chinese bodyguards

  4. Tomb of Qing dynasty stolen in Fujian

Most Popular

Opinions

  1. US' human rights violations
  2. Leung wins Hong Kong election by wide margin
  3. China yet to be a sea power
  4. Prevent nuclear terrorism
  5. Conditions needed for Annan's peace mission
  6. Will Syria crisis be transformed into an opportunity?
  7. Chinese economy will not suffer a hard landing
  8. Monk move in Nansha Islands new ploy by Vietnam
  9. Protectionism cannot save U.S. auto industry
  10. China continues to promote peace in Afghanistan

What's happening in China

Police provide a lesson in security

  1. CCB's net profit jumps 25% in 2011
  2. Guangzhou updates campus safety rules
  3. Hunt for bank boss who had 100m yuan
  4. Beijing: Residents could share taxis
  5. 3 dead, 7 injured in SW China pile-up

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai