CORONAVIRUS/Tariff on imported face masks to resume Wednesday: MOF
Taipei, May 26 (CNA) The tariff on imported face masks will be re-imposed in Taiwan effective Wednesday, after being temporarily lifted due to the COVID-19 pandemic, the Ministry of Finance (MOF) announced Tuesday.
The tariff on such items will return to 7.5 percent, while a 10 percent import tax will continue to be charged on the ingredients of pharmaceutical alcohol, half the usual 20 percent, until Aug. 26, according to the MOF's Customs Administration.
However, masks delivered by international postage are still tariff-free as long as they do not exceed NT$2,000 in value, the agency said.
Arrivals at Taiwan's borders will also not be taxed if they do not bring in masks exceeding NT$20,000 in value, it added.
Due to the COVID-19 pandemic, the government temporarily reduced the import tariff on pharmaceutical alcohol and introduced the exemption for masks from Feb. 27 until May 26.
Tuesday's announcement came as the coronavirus outbreak was easing in the country, prompting the relevant authorities to lift a ban against the sale of masks on the open market, reportedly starting from June 1.
- German companies in Taiwan troubled by travel bans: surveyAn overwhelming majority of German companies operating in Taiwan consider travel restrictions between Taiwan and the European Union harmful to their businesses, a survey by the ...07/06/2020 10:12 PM
- Health experts push COVID-19 testing for all inbound passengersPublic health experts on Monday called for Taiwan to allow all incoming passengers to be given the option of testing for COVID-19 instead of just following the current 14-day ...07/06/2020 07:36 PM
- Filipina transfer passenger no major COVID-19 threat to Taiwan: CECCA Filipina who tested positive for COVID-19 Saturday in Hong Kong after transiting through Taiwan a day earlier does not pose a major threat to the country, the Central Epidemic ...07/06/2020 12:14 PM
Taiwan shares close down 0.2%07/07/2020 01:48 PM
Unstable weather forecast until Thursday07/07/2020 12:03 PM
Forex reserves hit new high amid rare admission of market intervention07/07/2020 11:52 AM
U.S. dollar down in Taipei trading07/07/2020 10:13 AM
Taiwan shares open higher07/07/2020 09:15 AM