With regard to some of the goods to raise the export tax rebate rate of the notice” on November 1 this year since the implementation of
Recently, the Ministry of Finance, State Administration of Taxation issued “on the part of the goods to raise the export tax rebate rate,” which clearly from November 1 this year, due in part to increase labor-intensive and high-tech and high value-added goods for export tax rebates , Shaoxing, there are 3700 enterprises benefit from the new deal. City Foreign Trade Bureau head said yesterday, according to the September exports for the month and the average exchange rate of RMB against the U.S. dollar (1:6.8) estimated that in November this year to 12 months, the city raised the tax rebate related to exports of 2,200,000,000 U.S. dollars, is expected to export enterprises New tax refund about 1.8 billion, of which textile and garment enterprises are expected to add a tax rebate 170,000,000 yuan.
“Notice” provision, part of the textiles, clothing, toys, the export tax rebate rate to 14%, the arts and daily-use ceramics export tax rebate rate to 11%, some plastic products export tax rebate rate to 9 percent, part of the furniture export tax rebate rate increased 11% to 13% of AIDS drug, recombinant human insulin powder freeze-dried, yellow collagen, safety glass and steel, tantalum capacitors using wire, cable ship, sewing machines, fans, hard alloy CNC machine tools such as knives export tax rebate Rates were increased to 9%, 11%, 13%.
According to the city foreign trade and economic cooperation bureau statistics, the export tax rebate rate increase, Shaoxing, involving 901 kinds of products, nearly 80% of export enterprises, some enterprises benefit from 3700, of which textile and garment exports of more than 3,400 enterprises, accounting for the city’s textile and garment export enterprises More than 95% of the total.
According to statistics, the city involved in the export tax rebate of up products, in September this year, from 1 to export a total of 8,730,000,000 U.S. dollars. From the benefit side, because the export tax rebate rate increase catalog covers the vast majority of our city’s textile and garment products, which face the greatest benefit from the textile industry, from 1 to September in the city of such exports 8,490,000,000 U.S. dollars. From the amount of product involved, as the largest chemical fiber filament yarn and fabric products, from 1 to September a total of 2,470,000,000 U.S. dollars of export, followed by non-knitted or crocheted garments and so on, from 1 to September exports totaled 10.9 Million. From the size of the companies involved, related to increased exports of super 10,000,000 U.S. dollars, there are 182, 500 to 10,000,000 U.S. dollars of the 268 enterprises, 5,000,000 U.S. dollars following the 3332 business.
Among them, Zhejiang Road, the ancient fibers and new materials Co., Ltd. 1 September exports of synthetic filament 80,910,000 U.S. dollars, the export tax increase after the implementation of the enterprise is expected to increase in August to benefit from a tax rebate on the basis of an additional 1,000,000 yuan or so Income tax rebate, has the potential to become a tax rebate this year, twice the rate of the biggest beneficiaries.
City staff related to foreign trade and economic cooperation bureau said that in September by involving the export tax rebate rate increase for the month of export products is estimated that this year is expected in November to December increase exports involving tax rebates 2,200,000,000 U.S. dollars, according to the average exchange rate of 6.8 terms, the export tax rebate rate hike , The city’s export enterprises can add a tax rebate of about 180,000,000 yuan, of which textile and garment enterprises are expected to add a tax rebate of about 170,000,000 yuan, to some extent alleviate the textile export enterprises operating pressure and enhance business confidence in the transformation and upgrading.
That the relevant parties, the textile and garment export tax rebate to increase by 1 percentage point, although lower than the industry expected, “but sent an important signal that the countries do not want to see a substantial decline in exports. Release of the significance of the signal is greater than the actual impact of reversing the situation The key is not the export tax rebate. To raise the export tax rebate, which short-term incentives, in the long run, they must depend on transformation and upgrading. “As a result, the global financial tsunami ferocious, Shaoxing traditional exports, would be turning around, still settled in transition Upgrade on.