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    Zhejiang Jiaxing Taiwan Enterprises Will Enjoy Tens Of Millions Of Yuan Tariff Relief.

    2011/1/10 16:37:00 37

    Zero Tariff Of Tariff Enterprises

    Many involve Taiwan.

    Trade

    Jiaxing enterprises have recently been raiding the early harvest plan of the ECFA.

    Since January 1st this year, China has reduced taxes on 539 products originating in Taiwan in the early harvest list (hereinafter referred to as the "list"), which has been gradually achieved in 2012.

    Zero tariff


    Learned from Jiaxing customs in January 5th, Jiaxing

    enterprise

    The imported petrochemical raw materials, special chemicals, machinery and textile daily necessities are listed here.

    It is estimated that the import of goods from Taiwan will be reduced by more than 30 million yuan this year, and the amount of relief will be more than 100 million yuan in 2012.


    According to customs statistics, from 1 to November last year, the import trade volume of Jiaxing to Taiwan reached 504 million US dollars, an increase of 59% over the same period last year, which is 3 percentage points higher than that of the whole country. Among them, the import of Electromechanical, hi-tech products and consumer goods has exceeded 300 million US dollars.

    There are 237 commodities imported from Jiaxing by Taiwan enterprises in general trade form in the list, accounting for 43% of the commodities listed in the list, with an amount of US $117 million, an increase of 60% over the same period last year.


    According to the introduction, according to the product tax reduction list of the early harvest plan of ECFA, there will be a total of 806 products under 8 Tax numbers on both sides of the Straits, which will achieve zero tariff step by step.

    Among them, the mainland will carry out tax reduction on 539 products (adjusted in 2011 to 557 items) originating in Taiwan, involving chemical products, light industrial products, textiles, metallurgical products, machinery products, electronic products, auto parts, instruments and medical devices. Taiwan will also implement tax reduction on 267 products originating from the mainland, including petrochemicals, machinery, textiles and pport products.


    The specific preferential tariff was set up on the basis of the tax code of 2009.

    The tariff is below 5%, one step in place, and zero in January 1st this year. The tariff between 5% and 15% dropped to 5% in the first year and second to zero in the first year; if the tariff was above 15%, the first year decreased to 10%, second years 5%, and third years reduced to zero.

    Most of the products listed in the list will be concentrated within two years, and customs duties will be reduced to zero.

    "The rates of 4 kinds of aquatic products and 5 kinds of Taiwan agricultural products such as saury and grouper are 5% from the new year's day this year, and the prices of these products in Taiwan are expected to be reduced in Jiaxing", "said."

    Customs officers said.


    Last year, Jiaxing's export to Taiwan also maintained a strong momentum.

    From 1 to November, total exports to Taiwan amounted to US $311 million, an increase of 63.6%. compared with the same period last year. According to the early harvest plan of ECFA, Taiwan will also reduce taxes on 267 products originating from the mainland.

    According to customs personages, our export products to Taiwan mainly involve 20 kinds of high-tech products, mechanical and electrical products, magnesium and its products, steel and so on.

    After lowering taxes, it will help Jiaxing products further cultivate the Taiwan market.

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