Textiles and Trade: China Increases VAT Refund to Boost Textile and Apparel Exports


China retains an active value-added tax ("VAT") rebate program for exports.

[Reposted from Textiles and Trade  |  David Trumbull  |  January 6, 2015]

China's Ministry of Finance increased the VAT rebate for most textile and apparel products to 16 percent in 2009 effective April 1, 2009. According to a news account in World Textile Information Network ("WTiN") China has increased the VAT rebate on textiles and apparel to 17% (the entire VAT) at the beginning of January. Agathon Associates has contacted the U.S. Department of Commerce and they are working on getting official confirmation.

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