Abrasives imported goods to reduce the tax!
On December 23, the ministry of finance issued the temporary tariff rate on imports in 2020 the state council tariff commission adjustment plans such as notice, the notice said that in order to optimize the trade structure, promote the development of economy, high quality, according to the regulations on the import and export tariff of the People's Republic of China, since January 1, 2020, to adjust the import tariffs on some goods.
According to the "table of agreed tariff rates of import commodities with further tax reduction" in the plan, it is shown that China's aluminium oxide, silicon carbide, and other artificial corundum abrasive products; Grinding wheels, circular saw blades, drilling tools and other abrasive products made of super-hard abrasives such as diamond and cubic boron nitride, as well as coated abrasive products such as emery cloth and sandpaper are included in the list.
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