On November 3, 2020, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation jointly issued an announcement, promulgating the tax regulations for exporting and returning goods due to force majeure due to the new crown pneumonia epidemic.

For goods declared for export from January 1, 2020 to December 31, 2020, due to the force majeure of the new crown pneumonia epidemic, goods that are re-transported into the country within one year from the date of export will not be levied import duties and import value-added taxes , Consumption tax; if export duties have been levied at the time of export, export duties shall be refunded.

At the same time, the announcement also clarified the relevant procedures and requirements in the implementation of tax regulations.