On April 19, 2017, the State Council executive meeting decided that from July 1, the VAT rate will be reduced from four to three rates of 17%, 11% and 6%, and the rate of 13% will be canceled. China's first major tax VAT rate simplification and consolidation will take the first step.
I. Taxpayers selling or importing goods shall be subject to a tax rate of 17 percent, except as stipulated in items (b) and (c) below.
1, grain, edible vegetable oil.
2, tap water, heating, cooling, hot water, coal gas, liquefied petroleum gas, natural gas, biogas, coal products for residential use.
2. Provision of transportation services at a tax rate of 11 percent.
Third, the tax rate is 6% for the provision of modern service industry services (except for tangible movable property leasing services).
There is no 3% tax rate for general taxpayers and there is no 3% VAT rate. 3% is the tax rate applicable to small-scale taxpayers.
Expanded Information:
Tax Classification
(1) Taxpayers selling or importing goods shall be taxed at a rate of 13% except as provided for in items 2 and 3 below.
(2) Taxpayers selling or importing the following goods shall be subject to a tax rate of 9%: grain, edible vegetable oil, tap water, heating, cooling, hot water, coal gas, liquefied petroleum gas, natural gas, biogas, coal products for residential use, books, newspapers, magazines, fodder, chemical fertilizers, pesticides, farm machinery, agricultural films, agricultural products, as well as other goods as prescribed by the State Council.
(3) Taxpayers exporting goods shall be subject to a tax rate of zero; however, the State Council shall provide otherwise.
(4) The tax rate for taxpayers to provide processing, repair and fitting services is 13%. Taxpayers concurrently operating different tax rates of goods or taxable services.
Baidu Encyclopedia-Value Added Tax Rate