Notice on Tax Preferential Policy for Imported Exhibits Sold during the Canton Fair and Other Trade Fairs during the "14th Five-Year Plan" Period Issued by the Ministry of Finance and Two Other Departments

In order to better leverage the role of the China Import and Export Commodities Fair as an open platform for international trade, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation jointly issued the "Notice on the Tax Preferential Policy for Imported Exhibits Sold during the Exhibition Period of the China Import and Export Commodities Fair during the 15th Five-Year Plan Period". It clarifies that during the 15th Five-Year Plan period, for the Canton Fair held each session, imported exhibits sold by each exhibitor within the duty-free allowance during the exhibition period will continue to be exempt from import duties, import value-added tax and consumption tax. At the same time, in order to further release the policy effect, the duty-free sales quota will be adjusted from an annual calculation to a calculation for each session of the exhibition.