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Stainless steel export tax rebate rate increase is expected to continue
Time:2012/2/16 13:58:29 From:Wenzhou Renhe Hardware Decoration Co.,Ltd.

Businessmen shaking hands

       Has been finalized, "the steel industry restructuring and revitalization plan" New Deal on the steel tariffs and trade specific rules next month (March) introduced, the country's future in maintaining the stability of the domestic market, will improve the export environment, adjust the relevant import the tax rate, to ensure that direct exports and indirect exports of steel products kept at over 15% of the total, will also be adjusted to fair trade policies. It is reported that these measures will be led by the Ministry of Finance, in conjunction with Development and Reform. Commission, State Administration of Taxation, Ministry of Commerce, the Ministry of Industry issued in March.

      "Planning" requires the implementation of national measures to expand domestic demand, stabilize the construction steel market, the protection of key engineering steel, construction steel and stable proportion of domestic consumption accounted for about 50%. Meanwhile, the Government will implement appropriate degree of flexibility in the export tax policies to stabilize the international market share in steel products, to encourage indirect export of steel. Actively organize associations and enterprises to deal with anti-dumping, countervailing and other trade frictions, to ensure that direct exports and indirect exports remained at more than 15% of the total. Appropriate adjustments to high value-added steel products export tax refund policy. Continue to implement the pig iron, iron alloy, steel billet, steel ingot and low value-added wire, steel imposed a 10% to 25% of export tariffs; implement 67 has been issued to cancel tariffs on steel products tariff measures to speed up tax rebate schedule, ensure timely full refund; timely increase the technological content and high added value steel products export tax refund rate.

Time:2012/2/16 13:58:29 From:Wenzhou Renhe Hardware Decoration Co.,Ltd. Hits:4657