China gives tax breaks to some imported goods at Canton Fair

Import duty, import value-added tax, and consumption tax will be exempted for imported exhibits sold within a duty-free quota during the Canton Fair 2023, China's finance ministry said on Saturday.

Goods such as tobacco, alcohol, and automobiles will not enjoy the tax breaks at the fair that begins this weekend, the ministry said in a statement.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)