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Tourists of China will return 11% of purchases in the country
Foreign citizens staying in the PRC for less than 183 days will be able to receive a tax refund of 11% on purchases made at a time worth $ 81 or 500 yuan, the PRC Ministry of Finance said. This decision is aimed at increasing the attractiveness of shopping tourism and optimizing taxation in the country.
The tax refund refers to goods such as shoes, clothing, cosmetics, jewelry, watches, sporting goods, furniture, electronics, office supplies and medical instruments.
Refund must be made within 90 day from the date of purchase. To do this, on the departure of the tourist, subject to the preservation of the original packaging, you only need to present an identity card and a check for purchase. If the total value of purchases exceeds 10 000 yuan or about 1610 dollars, then the refund will be made via bank transfer. If the value of the purchased goods does not exceed 10 000 yuan, then a foreign citizen will be able to receive a tax refund in cash.