China exempts import tariff of IC products

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In: Import & export, IT/ICT, Tax/Charge/Price
On March 29, the Ministry of finance, the General Administration of customs and the General Administration of Taxation issued the notice of tax exemption for integrated circuit industry and software industry, which will be implemented from July 27, 2020 to December 31, 2030. The five types of cases will be exempted from import tariff. The integrated circuit manufacturers with the linewidth less than 65 nm, the memory manufacturers, and the integrated electric circuit manufacturers with the line width less than 0.25 microns (i.e., analog, digital and analog mixing, high voltage, RF, power, photoelectric integration, image sensing, MEMS, silicon technology onRead More →

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