Xinjiang Textile And Clothing Industry In The First Half Of Value-Added Tax Increased By 130 Million Yuan, An Increase Of 72.7% Over The Same Period

from Xinjiang The IRS was informed that under the impetus of a number of policy dividends, our region Spin Garment industry is showing a rapid development trend. Textile industry in the first half of 2015 clothing The industry achieved a value added tax of 130 million yuan, an increase of 54 million 500 thousand yuan, an increase of 72.7% over the same period last year.

It is reported that under the overall coordination of the people's Government of the autonomous region, the Autonomous Region IRS Based on the function of Taxation, we should actively implement the right. cotton A series of fiscal and tax support policies in textile and garment industry, including the cotton subsidy policy launched by the autonomous region, deal with tax related issues in Cotton Subsidy and distribution, standardize the purchase of agricultural products invoices, ensure the timely issuance of 13 billion 950 million yuan cotton subsidies, ensure the sustainable development of the planting area and output of Xinjiang cotton, provide timely information on the tax payment of the textile and garment enterprises to the financial departments, repay 400 million yuan with the issuance of value-added tax, and enable enterprises to have more funds for investment and personnel training.

Guided by a number of fiscal and tax support policies, the investment scale of textile and garment industry in the region has been expanding. In 2014 alone, the total investment in fixed assets of our textile and garment industry was 5 billion 145 million yuan, which amounted to 840 million yuan. The value added tax of our textile and clothing industry was only 1.09% in that year. The IRS also exempted the textile and garment enterprises in the autonomous region from the 5 year share of the enterprise income tax, and reduced the income tax amount to 221 million yuan, and the effect of lightening the burden was obvious.

According to the introduction, the wholesale and retail trade of cotton and hemp was eliminated. Last year, the sales volume of textile and clothing related wholesale and retail businesses in our region reached 8 billion 602 million yuan, up 5.39% from the same period last year, and the tax revenue was 165 million yuan, up 7.84% over the same period last year. 101 textile and garment enterprises above Designated Size have achieved a profit of 542 million yuan. A key cluster of cotton spinning industry is gradually forming, and it will promote the industrial dividend to the downstream. The total number of households in the textile and garment industry increased from 7482 in 2012 to 9386, an increase of 25%.