22 March 2019

Japan mulls more duty-free goods to lure tourists, CNS says

Japan’s ruling Liberal Democratic Party will propose parliament expand the range of duty-free items in a bid to attract more overseas tourists and stimulate domestic consumer demand, China News Service reported Tuesday, citing unidentified Japanese media. The LDP wants to include the most popular categories of cosmetics, cigarettes and liquor in the first batch of exemptions but ultimately extend the status to all kinds of products. Shoppers must now spend more than 10,000 yen (US$97.26) to gain the tax-free benefit. The tax law will be need to be revised and the new rule is expected to start from April 1 next year, the report said.

– Contact HKEJ [email protected]



EJI Weekly Newsletter

Please click here to unsubscribe