State Council, PRC Tentative Regulations on Consumption Tax (Revised)

国务院中华人民共和国消费税暂行条例 (修订)

December 18, 2008 | BY

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More high-end products subject to consumption tax.

Clp Reference: 3220/08.11.10 Promulgated: 2008-11-10 Effective: 2009-01-01

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Promulgated: November 10 2008
Effective: January 1 2009

Main Contents: According to the revised Regulations, the amount of consumption tax payable may be calculated ad valorem, at a flat rate or by a combination of the two (Article 5). Golf balls and equipment, high-end watches and yachts are now subject to consumption tax.
clp reference:3220/08.11.10(2)
prc reference:国务院令第539号
promulgated:2008-11-10
effective:2009-01-01