News

VAT exemption with Scan Global Logistics in China

12 May, 2014

Scan Global Logistics in China has been granted a VAT exemption on all charges related to international transportation services regardless of mode of transportation.

A new “circular 42” has in September 2014 been introduced by China’s Ministry of Finance (MOF) and State Administration of Taxation (SAT), which made it possible for Scan Global Logistics to legally enjoy an exemption to the 6% Chinese VAT.

On May 24, 2013, Chinese authorities issued the Circular 37 (Cai Shui [2013] No. 37) which explains new VAT policies on freight related services to and from China.

For further information about the Chinese VAT, click here