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China’s Fastener Export Rebate Rate Raised Starting November 1
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2018-11-09
China Ministry of Finance announced a product list of raised export rebate rate on October 25 that involved 1,172 items. The new rate has been in force since November 1. This is the second time since September that the Ministry made a large-scale adjustment of export rebate rate.
The original 9% rebate rate for fasteners was raised to 10% starting November 1. The list of affected fasteners is as follows:
| Product Codes | Products | Adjusted Export Rebate Rate (%) |
| 73181100 | Square head screws | 10 |
| 73181200 | Other woodscrews | 10 |
| 73181300 | Screw hooks and screw rings | 10 |
| 73181400 | Self-tapping screws | 10 |
| 73181510 | Screws and bolts with tensile strength above 800MPa, with or without nuts or washers | 10 |
| 73181590 | Other screws and bolts | 10 |
| 73181600 | Nuts | 10 |
| 73181900 | Threaded products not otherwise specified | 10 |
| 73182100 | Spring washers and other anti-loosening washers | 10 |
| 73182200 | Other washers | 10 |
| 73182300 | Rivets | 10 |
| 73182400 | Pins and cotter pins | 10 |
| 73182900 | Other non-threaded fasteners | 10 |
| 73194010 | Safety pins | 10 |
| 73194090 | Other pins | 10 |
| 73199000 | Steel pins and similar products not otherwise specified | 10 |
| 73201010 | Locomotive leaf springs and springs | 10 |
| 73201020 | Automotive leaf springs and springs | 10 |
| 73201090 | Other leaf springs and springs | 10 |
| 73202010 | Locomotive helical springs | 10 |
| 73202090 | Other helical springs | 10 |
| 73209010 | Other locomotive springs | 10 |
| 73209090 | Other springs | 10 |
| 74199920 | Copper springs | 10 |
| 73170000 | Nails, tacks, drawing pins and similar products | 10 |
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