News

ICT and ICHSLTA discuss duties on hides

27/03/2006

The Pre-APLF meetings of both the International Council of Tanners (ICT) and of the International Council of Hides Skins and Leather Traders Associations (ICHSLTA) talked at length about the detail and potential impact of the new duties being applied to incoming hides and skins into China. However, it was not apparent whether delegates were a great deal clearer on the subject at the end of the day than they were at the start. 

There is confusion and concern as hides and skins entering China, to be subsequently exported, are now subject to duty of 5% and VAT of 17%, with no possibility of reclaiming this on export.

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