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    Export Tax Rebates Will Become Part Of The Export Shoe Enterprises Next Year "Live Money"

    2008/11/20 0:00:00 67

    The export rebate rate of some products has been raised three times in one year. This is the first time in China that the tax rebate policy for export products has been implemented for 23 years.

    The Ministry of Finance announced the range and tax rate of the third commodities export tax rebates raised in China since the beginning of this year. According to the preliminary estimates of Wenzhou customs, the third tax rebate rate adjustment involves 1187 items of 2543 foreign trade enterprises in our city. It is estimated that the export cost will be reduced by 780 million yuan for export enterprises next year.

    With the adjustment of the first two export tax rebates, it is estimated that the total export cost of our enterprises will be reduced by 1 billion 216 million yuan next year, and the export tax rebate will become the "living money" of many export enterprises next year.

    The adjustment that will be formally implemented next month involves a total of 3770 products, which are closely related to the export industry of our city.

    First, the tax rebate rate for frozen aquatic products such as shrimps and frozen crabs increased from 5% to 13%.

    Two is

    Bags, shoes and caps

    The tax rebate rate of labor-intensive commodities such as umbrellas, furniture, bedding, lamps and clocks and watches will increase from 11% to 13%. The tax rebate rates of some electromechanical products such as agricultural pumps, motorcycles, bicycles and household appliances will be raised from 9% to 11%, 11% to 13%, and 13% to 14%.

    During the adjustment, the maximum tax rebate rate for frozen shrimps and frozen crabs was increased by 8 percentage points, which relieved the responsible person of Zhejiang aquatic products enterprise, Zhejiang Rui import and Export Co., Ltd.. He calculated the export volume of the company's tax related products in October. The export volume of the company was 900 thousand yuan. According to the export volume, the company could reduce the export cost of about 500000 yuan a year, and the company's profits could be increased by 10% to 15%.

         

    footwear

    It is the pillar industry in our city, benefiting from the export tax rebate policy for the first time this year.

    Eastern Art

    footwear industry

    Zhou Yaohua, deputy general manager of the limited company, said that "Dongyi" exports amounted to US $50 million in the first half of this year. According to the export volume, the tax rebate rate increased by two percentage points. "Dongyi" can increase the profit of RMB about 13000000 yuan in one year.

    According to the city

    footwear

    According to statistics of the export trade commission,

    footwear

    Total export volume of US $2 billion 400 million, the whole city

    footwear

    Export enterprises will increase the economic benefits of more than 300 million yuan RMB in the coming year.

    In the last two export tax rebate adjustments,

    Textile and clothing

    The export tax rebate rate of the industry increased from 11% to 13%, and then increased to 14%.

    Wenzhou

    clothing

    Cai Huantian, chairman of the foreign trade branch and chairman of Zhejiang fester Garments Co. Ltd., said that the profit of the enterprises can increase by 20% if the export rebate rate increases by one percentage point, but because of the depreciation of the euro, their profit pressure is still great.


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