VAT is levied on basis of the value added realized in course of sales of goods or provision of services. It is a tax popularly levied in the world. Foreign enterprises who are engaged in the sales of goods, importation of goods, provision of processing, repairs and replacement services with China are taxpayers of VAT. For the overseas units or individuals sell taxable services in China without entities in China, their VAT payable shall be withheld by agents. In case of no agent, the purchasers shall be the withholding agents. This topics offers a wide range of taxable items and rates, VAT computation method, VAT reductions and exemptions, export refund, time limit & place for tax payment, and related answers to your doubts and queries.