Question : What is the difference between restricted category for export and that for import?

Answer :

Both the tax base for purpose of computing the security deposit and the tax rates are different between import goods and export goods: In respect of import goods under the restricted category, the computation of security deposit for import duty and VAT is based on the amount of imported materials and parts, with references to the relevant import duty and VAT rates;

Other Trading Agency FAQs:

1. What are the objectives for this amendment to the scope of the restricted category?

2. What major types of goods have been included into the restricted category in this announced policy? How many customs classification codes are involved and how many new codes have been included?

3. What is the combined tax rate?

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