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Stainless Steel Bars And Pipes Export Return Tax Rising
Oct 29, 2018

Finance and taxation [2018] no. 123

 

Department of finance (bureau) of provinces, autonomous regions, municipalities directly under the central government, planned cities separately listed, tax bureau of provinces, autonomous regions, municipalities directly under the central government and planned cities separately listed, financial bureau of xinjiang production and construction corps:

 

In order to further simplify the tax system and improve the export tax rebate policy, the export tax rebate rate of some products is adjusted.The relevant matters are hereby notified as follows:

 

To increase the export tax rebate rate of products such as photographic film, plastic products, bamboo flooring, straw and rattan woven fabric, toughened safety glass, lamps and lanterns to 16%.

Export rebates for lubricants, aircraft tires, carbon fibre and some metal products will be raised to 13%.

The export rebate rate of some agricultural products, bricks, tiles, glass fiber and other products shall be increased to 10%.

The list of products subject to the increased export rebate rate is attached.

Cancel the tax refund of soybean meal.

Soybean meal refers to the products coded as 23040010 and 23040090.

Export products other than those referred to in articles 1 and 2 of this circular shall be subject to an export tax rebate of 16% if the original tax rebate rate is 15%.Where the original export tax rebate rate is 9%, the export tax rebate rate shall be increased to 10%;If the original tax rebate rate is 5%, the tax refund rate shall be raised to 6%.

Iv. This notice shall be executed as of November 1, 2018.The export rebate rate applicable to the goods listed in this notice shall be determined by the date of export specified on the declaration of export goods.