Ceramic enterprise export tax rebate rate raise,considerable benefit(5/2/2010)

Ministry of Finance has issued a notice that: from June 1 this year, the further rise in export rebate rate for some products. For Foshan enterprises, the tax rates on the pottery industry, a lot of influence, and textiles, toys, shoes and other industries, still waiting for warmer external environment.

The export tax rebate rate increases, involving a total of more than 2600 products. Including traditional manufacturing industries in Foshan ceramics, toys, footwear, furniture, in which both were raised to 13%, 15%, 15%, 15%, textile and garment export rebate will remain unchanged.

Raised the export tax rebate rate, the biggest benefit will be building ceramics enterprises. According to industry briefings, the export tax rebate rate will allow businesses to export profits up 4% increase in exports help prop up businesses.

Another hearing from January to February 2010 exports of building and sanitary ceramics statistics show significant growth in exports of sanitary ceramics, porcelain fixed health facilities in which a growth rate of 19.95%, while exports of ceramic sanitary fixtures is winding down, ceramic brick January-February export volume of 1,870,471 tons.
(by China Leiyuan, 5/2/2010)