Investment gold is exempt from VAT under § 6 Abs. 1 Zi 8j UStG (of Austrian VAT law).
More about Gold China Panda 1 g - 2018
The Gold China Panda is a Chinese bullion coin with a purity of 999.9 and is minted since 1982 by the China Mint and published since 2006 by the China Gold Coin Inc.. 1982 China Panda gold coin was issued even without nominal value specification as 1 ounce and 1/10 ounce. Since 1983, the nominal value is given in yuan and the denomination was supplemented by 1/2 oz, 1/4 oz and 1/20 oz and partially a 12-ounce and a 1-kilogram version. The China Panda gold coin is considered legal tender.
On the front of Gold China Panda the Temple of Heaven in Beijing is shown and on the back can be found (except for the years 2001 and 2002) annually changing pictures of giant pandas. On special occasions and commemoratives coins were minted on which the Chinese state coat of arms is displayed. At the 2008 Olympic Games in Beijing also coins and bars were issued with different Olympic motifs.
In addition to the China Panda gold coin, coins exist in silver (since 1983), platinum (since 1987), palladium (since 1989), bi-metal (since 1992) and copper (1983-1984). Even small volumes of gold and silver China Panda are embossed with no par value each year. These are not officially launched, but serve the Chinese government as gifts for guests and have high collector's value.
Commencing from 2016, according to the People’s Republic of China national’s “Measurement Law” and the People’s Bank of China’s requirement, the gold and silver coins will be issued under the legal measurement of Metric System, i.e. grams, Kilogram and etc. The issuance of the gold and silver coins under the measurement of the Imperial System “Ounce” will be discontinued. Furthermore, from 2015 onwards, the weight of the Chinese Panda Gold coins will no longer be stated on the coins. This has made the 2014 Chinese Panda Gold Coins with “Ounce” to be even more significant for collection.