China amends leather products' import tariff for 2014

15 Feb '14

2 min read

China has made some changes to its leather products’ import tariff, with effect from January 1, 2014.

According to the information released by China Leather Network, there is no change in average MFN tariff of 12.6 percent for leather products imports.

However, import tariffs on leather products from Peru, Chile, New Zealand and Costs Rica have been further decreased compared to last year, as per FTA terms with these countries.

The average import tariff on leather product imports from Peru would be 4 percent for 2014, down 1.1 percent from the previous year.

Similarly, the average import tariff on leather products from Chile would be 0.2 percent, down 0.1 percent from 2013.

The average import tariff on leather products from New Zealand would be 0.07 percent in 2014, down 0.3 percent from last year.

Likewise, the average import tariff on leather products from Costa Rica would be 3 percent in 2014, down 1.6 percent from 2013.

China continues to implement preferential tax rate for leather products imports from LDCs. It also continues to implement the 20 percent export tariff on goat sins with Customs Code 41.039.011 and 41.039.019, the China Leather Network said on its website.

To connect manufacturers and suppliers with buying houses and fashion brands, Fibre2fashion.com is coming up with an online fair on Leather “Skin Show 2014” scheduled in Mid March-2014.

Fibre2fashion News Desk - India

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