HAIKOU — An imported helicopter was unveiled on Aug 18 in Haikou, South China's Hainan province. Imported by a local aviation aircraft operator in Hainan Free Trade Port (FTP), the helicopter was granted zero-tariff treatment for the first time by the FTP with tax exemption valuing 613,000 yuan, further saving costs for the importing enterprise.
According to the zero-tariff policy on the import of vehicles and yachts in Hainan FTP, the registered enterprises in Hainan engaged in transportation and tourism sectors are exempted from import duties when importing vehicles, aircrafts, ships and yachts that meet the requirements of the policy.
Local customs reveals that it will continue to facilitate the customs clearance procedure of zero-tariff products and bring preferential policies to more enterprises in the FTP.