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    The Export Rebate Rate Has Been Adjusted Since August 1St.

    2008/8/1 15:58:00 24

    Policy Export Tax Rebate Rate Economy

    The Ministry of Finance and the State Administration of Taxation issued a notice recently announcing that the export rebate rate of some textiles and pesticide products should be adjusted from August 1, 2008.

    According to the notice, the export rebate rate of some textiles and garments increased from 11% to 13% since August 1st, and the export tax rebate rate of some bamboo products increased to 11%.

    Cancel the export tax rebate for Korean pine nuts, some pesticide products, some organic arsine products, paclitaxel and its products, rosin, silver, zinc zero, some coating products, some battery products and carbon anode.

    The circular stipulates that for the commodities that involve the cancellation of export rebates, where an enterprise has already signed an export contract before August 1, 2008, and the price can not be changed, the export enterprise may register the contract with the local tax authorities responsible for the export tax refund before August 15, 2008.

    Where an export contract is registered, where the declaration is made before January 1, 2009, the export tax rebate rate will be adjusted according to the adjustment rate.

    Those who fail to file the overdue and the declaration of export after December 31, 2008 shall be carried out according to the adjusted export tax rebate rate.

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