July 2010 Cotton Import And Export Tariff Rate Adjustment

According to the people's Bank of China, June 23, 2010 RMB rate The transaction price of US dollar to RMB Bank of China is 1 US dollars to 6.8102 yuan, so the tariff rate of import and export goods in July 2010 will be calculated at 1 yuan =6.8102 yuan. Hope to advance Exit The attention of cotton and textile businesses.

According to the 2005 Announcement No. fifty-third issued by the General Administration of Customs in October 30, 2005, every month Exit The exchange rate applicable to goods tax rates is third Wednesday on the previous month (third Wednesday is a statutory holiday, and fourth Wednesday is postponed). The Bank of China's foreign exchange conversion price (referred to as Bank of China's conversion price). Therefore, the import and export exchange rate in July was calculated on the basis of the conversion price announced by the Bank of China on the fourth Wednesday (June) in June 23rd.