Notice on Tax Preferential Policies

Guangdong Provincial Department of Finance, Guangdong Branch of the General Administration of Customs, Guangzhou Customs, Guangdong Provincial Taxation Bureau of the State Administration of Taxation, China Foreign Trade Center:

In order to support the successful operation of the China Import and Export Commodity Fair (hereinafter referred to as the Canton Fair), with the approval of the State Council, the relevant tax policies are hereby notified as follows:

1、 Import tariffs, import value-added tax, and consumption tax are exempted for imported exhibits sold during the exhibition period determined by the Ministry of Commerce during the 2023 Canton Fair. The category, sales quantity, or upper limit of the accumulated tax benefits enjoyed by each exhibitor during the exhibition period of this year shall be subject to the provisions of the attachment.

2、 Exhibits that enjoy tax incentives do not include goods prohibited by the state for import, endangered animals and plants and their products, cigarettes, alcohol, automobiles, and goods listed in the “Catalogue of Major Technical Equipment and Products Not Exempted from Import Duty”.

3、 Exhibits sold by each exhibitor during the exhibition period that exceed the scope of the list of categories or sales quotas that enjoy tax incentives, as well as exhibits that are not sold during the exhibition period and are not shipped out after the end of the exhibition period, shall be taxed in accordance with relevant national regulations.

4、 The list of exhibitors and the list of imported exhibits sold during the exhibition period shall be uniformly submitted by the organizer, China Foreign Trade Center or China Foreign Trade Center Group Co., Ltd., to Guangzhou Customs.

5、 For the sales of imported exhibits during the policy extension period, customs will no longer conduct follow-up supervision on specific tax exempt goods.

6、 Within 6 months after the end of each exhibition, the China Foreign Trade Center shall report the implementation of policies to the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation.

Ministry of Finance, General Administration of Customs, State Administration of Taxation

April 15, 2023