Architectural ceramics export tax rebate rate will be fully up(4/5/2010)

Recently, the State Ministry of Finance issued a circular, clear from the beginning on June 1 this year, once again raised the export rebate rate of some products. For Foshan enterprises, the tax rates on the pottery industry, a lot of influence, and textiles, toys, shoes and other industries, still waiting for warmer external environment.

The export tax rebate rate increases, involving a total of more than 2600 products. Including traditional manufacturing industries in Foshan ceramics, toys, footwear, furniture, in which both were raised to 13%, 15%, 15%, 15%, textile and garment export rebate will remain unchanged.

Raised the export tax rebate rate, the biggest benefit will be building ceramics enterprises. Foshan, China Ceramic Industrial Association, Office blue guard presentation from last year's financial crisis, the State repeatedly raised the export tax rebate part of the industry to slow the export business pressure, but did not apply for building ceramics has been successful. Until this year, in April, pottery and raised the export tax rebate only 4 points to 9%, the ceramic raised the export tax rebate of 13%, equivalent to 4% increase in export profits, will greatly stimulate the ceramic export.

Noted that the tax rate increases are not related to textile and apparel products. In this regard, Foshan City, Textile Industry Association, Wu Haoliang said that the current textile and garment export tax rebate rate from "all signs all out" leaving only one point lifted, the impact on small businesses.
(by China Leiyuan, 4/5/2010)