35 Textile Products Export Tax Rebate Rate Increase

From the textile and garment industry, it is known that in order to support foreign trade enterprises to tide over difficulties and help to resume production and return to work, the Ministry of Finance and the State Administration of Taxation issued a notice recently. Since March 20, 2020, the export tax rebates of 1084 products such as porcelain sanitary ware -1.html > > Export tax rebate The rate increased to 13%, and the export tax rebate rate of 380 products such as plant growth regulators increased to 9%.

It is noteworthy that in the list of products for raising the export rebate rate, the export rebate rate of 1 products, including the clean dental joint yarn (floss), has been raised to 13%; the export rebate rate of 8 products that have been tanned and the whole mink and so on have been raised to 13%; the hair processed by comb and sparse methods, including wigs and similar products, are made of wool or other animal hair. The export rebate rate of 5 products such as other textile materials was raised to 13%; the export rebate rate of 7 products such as other non combed rabbit hair was raised to 9%; the export rebate rate of 4 products of Qingshi cotton or asbestos mixture and its products (including garments, clothing accessories, hats and shoes, felt, jointing fibers and other asbestos products) was raised to 13%; and the export rebate rate of 10 products, such as glass fiber roving, etc. Transfer to 13%.

The industry said that the export tax rebate rate increase involves a wide range of products, and the policy scope is wide. It is expected to further reduce the operating costs of foreign trade enterprises, ease the pressure of cash flow, increase the enthusiasm of enterprises and promote stable foreign trade.