China's Ministry of Finance, General Administration for Customs, and State Administration of Taxation have jointly issued Announcement No. 41 on the return (re-import) of exported goods due to force majeure as a result of the COVID-19 pandemic. This includes an exemption from import duty, consumption tax, and VAT on such re-imported goods if the goods were originally exported between 1 January and 31 December 2020 and re-imported within one year from the date of export. Further, export duty …