China exempts consumption taxes on biodiesel retroactive to 1 Jan 2009
Green Car Congress
DECEMBER 25, 2010
China has exempted consumption taxes on pure biodiesel made from waste animal fats or vegetable oils. 2009 and taxes already paid will be refunded, according to the Ministry of Finance (MOF) and the State Administration of Taxation. The new policy is effective from 1 Jan. dollars) per tonne.
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