The Textile Industry Has Benefited From The Rise In Tariff Rate. 178 Textile And Garment Enterprises In Our City Have Benefited.
The export tax rebate rate has increased, bringing real gold and silver to our textile and garment industry, effectively easing the adverse effects of RMB appreciation, raw material prices and labor costs rising.
Since August 1st this year, the state's export rebate rate for textile enterprises has increased by 2 percentage points from 11% to 13%.
At present, the number of export enterprises of textile enterprises in our city is 195, accounting for 17% of the total number of enterprises in the city. In 2007, the export tax rebate was 260 million yuan, accounting for 9.5% of the city's total.
From 1 to July this year, the textile industry handled 106 million yuan exemption from tax rebates, a decrease of 23 million 200 thousand yuan over the same period last year, accounting for 6.6% of the city's total.
The export of the textile industry in the whole city has dropped very obviously, and most of the enterprises are in a small profit and loss state.
The export tax rebate rate raised a total of 178 textile and garment enterprises in our city. These enterprises exported 2 billion 200 million yuan in the first 7 months of this year, and the export volume is expected to be 2 billion 400 million yuan from 8 to December.
In August 1st, the tax rebate rate increased by 43 million yuan in the year, which would directly increase the profit of enterprises.
"The export tax rebate rate to a certain extent alleviated the pressure brought by the increase of factor costs to the production and operation of enterprises, so that the export textile enterprises at the edge of collapse would be expected to have a turning point for the textile enterprises to adjust their technology and upgrade their industrial structure.
However, textile enterprises should also clearly realize that the policy of adjusting export tax rebate alone can not fundamentally solve the difficulties facing the textile industry at present.
The relevant person in charge of the export tax rebate Bureau of the State Taxation Bureau said that the increase in tax rebate rate is mainly a one-time income for enterprises, and the net interest rate that can not be completed before the announcement can be increased by 2%. However, after the announcement, foreign dealers will adjust the situation according to the tax rebate rate, and reduce the quoted price, so that the net interest rate of enterprises will generally decline.
The person in charge suggested that our textile enterprises should further speed up their own product structure adjustment, work hard on the contribution rate of science and technology and brand, improve the added value of products, expand the market share, effectively change the way of growth, and break through the bottleneck of development.
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