Multi-pronged approach for managing the adjustment of export tax rebate rate lower trade surplus

 China is considering a multi-pronged r l to reduce the trade surplus, while the reduction of export tax rebate is one of the ways. and processing trade, tax policy pollution, resource class) Laishuoliangju
This report by the Ministry of Finance, National Development and Reform Commission, Ministry of Commerce, General Administration of Customs, State Administration of Taxation jointly issued a notice of five ministries, the abolition of the coal, charcoal and other raw materials, export tax rebates, will steel, textiles and other products of export tax rebate cut by 2% to 5%. In contrast, the state industrial policy to encourage export of high-tech products export tax rebate, from 13% to 17%.
five ministries that , the export tax rebate and processing trade policy adjustments to structural adjustment, is the State Department this year to implement comprehensive macro-control policy of one of the measures taken will help to further optimize the industrial structure, promoting change the growth mode of foreign trade, and promote balanced development of import and export trade.
the new tax rules silicon, arsenic, stone materials, nonferrous metals and scrap and other metal ceramic; 25 kinds of pesticides and intermediates, some finished leather, lead-acid batteries, mercury oxide batteries; fine goat wool, charcoal, crosstie, cork products, some primary wood products such as the elimination of export tax rebate policy.
same time, the 142 tariff lines of steel export tax rebate rate from 11% to 8%; the ceramics, some finished leather and cement, glass and export tax rebate rate from 13% to 8 % and 11%; the part of non-ferrous materials, export tax rebate rate from 13% to 5%, 8% and 11%; the textiles,UGG boots cheap, furniture,UGG boots, plastics, cigarette lighters, individual wood products export tax rebate rate from 13% to 11 %; the non-mechanically propelled vehicles (trolleys) and parts of the export tax rebate rate from 17% down to 13%.
contrast, the major technical equipment, some IT products and bio-pharmaceutical products, as well as some national industries policies to encourage export of high-tech products export tax rebate rate from 13% to 17%; some processed agricultural products as raw materials, export tax rebate rate of 5% or 11% to 13%.
conform to optimize the industrial Structure of the Ministry of Commerce
Mei Xinyu, an expert on the Shanghai Oriental Morning Post that the export tax rebate adjustment resource consumption and export industries,Discount UGG boots, while fostering high-tech industry exports, consistent with our trade policy. tax to subsidize. the export situation will become normal and healthy direction.
inhibited the high trade surplus for 28 consecutive months
export tax rebate adjustment, in addition to limit the unrelated. Customs Administration on Monday announced the August foreign trade data of China, China's monthly trade surplus has been repeatedly pushed to new foreign trade surplus has been to question, in Finland to attend the 2006 China-EU Business Summit before the Commerce Minister Bo Xilai said that China is considering the export tax rebate is one of the ways.
yesterday's imports of all import tariffs and import taxes.
export declaration prior to the adjustment of export tax rebate rate of goods, export enterprises can choose to continue to adjust export tax rebate rate before the tax refund. but exporters must be held before the September 30 contract documents to the tax authorities in charge of export tax rebate registration, late filing and failure to December 15, 2006 after the declaration of exports, all according to the adjusted export tax rebate rate.>>> I have to adjust export tax rebate rate Laiyueliangju

into the directory Chapter 25 of the export tax except salt and cement of all non-metallic mineral products, coal, natural gas,UGG bailey button, paraffin, asphalt, silicon, arsenic, stone materials, nonferrous metals and scrap and other metal ceramic; 25 kinds of pesticides and intermediates, part of the finished product leather, lead-acid batteries, mercury oxide batteries; fine goat wool, charcoal, crosstie, cork products, some primary wood products, such as abolition of
142 tariff lines of steel from 11% to 8%
ceramics, some finished leather and cement, glass, respectively, from 13% to 8% and 11%
part of the non-ferrous materials from 13% to 5%, 8% and 11%
textiles, furniture, plastics, cigarette lighters, individual timber products from 13% to 11%
non-mechanically propelled vehicles (trolleys) and parts from 17% to 13%
major technical equipment, some IT products and bio-pharmaceutical products, as well as some national industrial policy to encourage export high-tech products from 13% to 17%
some processed agricultural products as raw materials by 5% or 11% to 13%