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On June 8, the Ministry of Finance website published a notice saying that the export tax rebate rate for TV transmission equipment and sewing machines was increased to 17%; the export tax rebate rate for some agricultural deep-processing products and some mechanical and electrical medicines was increased to 15%. The following is the full text of the notice:
Finance and Taxation [2009] No. 88 The provinces, autonomous regions, municipalities directly under the Central Government, the municipal finance bureaus (bureaus), the State Administration of Taxation, and the Finance Bureau of Xinjiang Production and Construction Corps:
With the approval of the State Council, the export tax rebate rate for some commodities will be increased. The relevant matters are hereby notified as follows:
1. The export tax rebate rate for TV transmission equipment, sewing machines and other commodities has increased to 17%.
Second, canned food, juice, mulberry and other agricultural deep processing products, electric gear pumps, semi-trailers and other mechanical and electrical products, optical components and other instruments, insulin preparations and other pharmaceuticals, luggage, shoes and hats, umbrellas, hair products, toys, furniture and other commodities The export tax rebate rate has increased to 15%.
Third, some plastics, ceramics, glass products, some aquatic products, turning tools and other goods export tax rebate rate increased to 13%.
4. The export tax rebate rate for steel products such as alloy steel and other steel products such as steel structures and scissors, etc. increased to 9%.
5. The export tax rebate rate for corn starch and alcohol has increased to 5%.
A list of specific commodities can be found in the annex.
6. This notice shall be implemented as of June 1, 2009. The specific execution time shall be subject to the export date indicated by the Customs Declaration of Export Goods (Export Tax Refund).
It is hereby notified.
Ministry of Finance, State Administration of Taxation, June 3, 2009
Export tax rebate rate for products such as turning tools increased to 13%
The Ministry of Finance notified that the export tax rebate rate will increase some goods to 17%