Ministry of Finance: NT$4.2 Billion in Export Duty Drawbacks Last Year, Over 70% Processed Electronically
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Taiwan's Customs Administration, Ministry of Finance, announced that duty drawback cases for raw materials of exported goods last year exceeded 163,000, totaling NT$4.2 billion. Of these, 74% were filed electronically, which has become the mainstream method. The government encourages companies to use the electronic system as it speeds up the process.