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ContactChina to lift tax rebate on steel exports in April
It is reported that China government will lift its steel export tax rebate for some steel products, but the details are not disclosed yet. The new tax rebate will validate on 1st April.
Under new tax policy, tax rebates for CR sheet, GI, alloy steel will increase to 17 percent from current 5 percent. Meanwhile tax rebates on HR product will lift to 13 percent from zero.
Author: Anh Vu,
Source: Yieh