Ceramic Export Tax Rebate Rate Increase, Which Is Conducive to Market Picking Up(3/23/2010)

Recently, the State Ministry of Finance issued a circular, from the beginning of June 1st this year, the export tax rebate rate of some products will be raised again. For Foshan enterprises, the tax rate increase has a lot of influence on the building ceramics industry.

The export tax rebate rate of increase, the biggest beneficiaries will be the building ceramics enterprises. Foshan, China Ceramic Industry Association, the Director of the Office introduced from last year's financial crisis, the countries on many occasions raised the export tax rebate some industries to slow the export business pressure, but did not apply for building ceramics has been successful. Until April of this year, building ceramics export tax rebate was raised four points to 9%. This time, export tax rebate of ceramics will be raised to 13%, equivalent to 4% increase in export profitsl, will greatly stimulate the export of building ceramics.
(by China Leiyuan, 3/23/2010)