The Refund Rate Of Shoes And Hat Furniture Will Be Raised To 13% Next Month.
In order to support labor-intensive small and medium-sized enterprises, the State Council decided last week to raise the export rebate rate of 3770 export commodities, and the Ministry of Finance yesterday clarified the scope and adjustment range of these products.
On November 12th, Premier Wen Jiabao chaired a State Council executive meeting, decided to support labor-intensive small and medium-sized enterprises, support industrial optimization and upgrading, and raise the export rebate rate two times in the second half of this year, and further increase the export tax rebate rate of some labor-intensive products, mechanical and electrical products and other products with greater impact since December 1, 2008. The product involved 3770 items, accounting for about 27.9% of the total export products.
In the detailed scope of yesterday's announcement, yes. Luggage and bags , shoes The tax rebate rate for commodities such as hats, umbrellas, furniture, bedding, lamps, clocks and watches increased from 11% to 13%, and the tax rebate rates of some electromechanical products such as agricultural pumps, motorcycles, bicycles and household appliances increased from 9% to 11%, 11% to 13%, 13% to 14%, etc.
According to the import and export data released by the General Administration last week in October, the export of electromechanical products increased steadily. clothing , footwear And exports of traditional commodities such as furniture have slowed down.
China based Ningbo foreign trade Limited by Share Ltd clothing Yesterday, the head of the export business department said that the adjustment of the export tax rebate rate was good, but the exchange rate loss is even greater. For example, the euro has depreciated by 2 in the past few months, and the appreciation of RMB has been 20%, which has already hit 2% and 3% of the tax rebate. In the second half of this year, China has raised the export tax rebate rate of some textiles and clothing from 11% to 13%, and raised the export tax rebate rate of some bamboo products to 11%. From November 1st onwards, part of textile , clothing The export rebate rate of toys increased to 14% again.
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