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The refined oil import consumption tax hike since January,2008
Posted on Jan-03-2009· by china investor
Finance Ministry recently issued a circular, the imported refined oil consumption tax is adjusted since January 1, 2009.
The notification required, tax units of the leaded petrol import consumption tax is raised the to 1.4 yuan per liter, the current rate is 0.28 yuan. the consumption tax units of unleaded petrol import tax is raised to 1.0 yuan per liter; diesel and fuel oil were also raised to 0.8 yuan per liter. At the same time the grease, lube base oil import consumption tax will be levied , flat tax is 1.0 yuan / liter; aviation kerosene import consumption unit tax is increasing to 0.8 yuan per liter, but postponement of the charges.
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