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 10 February, 2009
China Ups VAT Rebate Rates for Textiles and Garments
 The Ministry of Finance (MOF) and State Administration of Taxation have issued a circular on the adjustment of VAT rebate rates for certain textiles and garment exports. Effective from 1 February 2009, VAT rebate rates for textiles and garments under 3,325 tariff codes have gone up from 14% to 15%.

For details in Chinese, please visit the MOF website at: