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Spinning machinery components exempted from import duty
19 Jul '11
1 min read
The Chinese government has withdrawn import duties on a few critical machinery imports related to the textile spinning sector.
As per the notice, imports of machinery components by qualified domestic Chinese companies for the manufacture of government-supported cotton spinning equipment will not attract customs tariff and value-added tax.
These critical components include: pneumatic weighting cradle for ring spinning frame, card clothing for blowing-carding machine, plate spring cradle for roving machine, pneumatic weighting cradle, cylinder and top comb for combing machine and plate spring cradle for roving machine.
As per the notice, imports of machinery components by qualified domestic Chinese companies for the manufacture of government-supported cotton spinning equipment will not attract customs tariff and value-added tax.
These critical components include: pneumatic weighting cradle for ring spinning frame, card clothing for blowing-carding machine, plate spring cradle for roving machine, pneumatic weighting cradle, cylinder and top comb for combing machine and plate spring cradle for roving machine.
Fibre2fashion News Desk - China
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