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In The First Three Quarters, China Handled Export Tax Rebates Of 529 Billion 800 Million Yuan.

2010/11/11 9:13:00 31

Export Tax Rebate Trade Export

According to the data released by the General Administration of Customs in November 10th, the total value of imports and exports in China from 1 to October was $2 trillion and 393 billion 410 million, an increase of 36.3% over the same period last year, and the scale of imports and exports has exceeded the level of last year.

among

Exit

and

Imported

The scale also surpassed the level of last year's total, exports 1 trillion and 270 billion 590 million US dollars, increased by 32.7%; imports 1 trillion and 122 billion 820 million US dollars, an increase of 40.5%;

Trade

The surplus was $147 billion 770 million, a decrease of 6.7%.


At the same time, data from the State Administration of Taxation show that as of the end of September, the whole country has handled the paction.

Export refund (Exemption) tax

529 billion 800 million yuan.


The export tax rebate policy has a positive and effective role in enhancing the competitiveness of export goods in the international market, export tax rebates, promoting steady and rapid economic development, driving the development of the domestic market and optimizing the industrial structure.


At the Forum on export tax rebate in some parts of the country held recently, Jie Xuezhi, member of the Party committee and deputy director of the State Administration of Taxation, fully affirmed the achievements of the export tax rebate.

It is reported that the meeting focused on the export tax rebate policy, management of the new situation and new problems, do a good job in coping with the relevant plans, and the next stage of export tax rebate requirements.


Xie Xuezhi said that since the beginning of this year, tax authorities at all levels of the country have adhered to the "scientific development of services and harmonious taxation". Under the premise of maintaining a relatively stable export tax rebate policy, according to the directives of the State Council, the export tax rebates for 406 products, such as steel, have been abolished since July 15th, in accordance with the requirements of accelerating the pformation of the mode of economic development and the adjustment of economic structure, providing policy support for the promotion of the national "11th Five-Year" energy saving and emission reduction target.

The State Administration of Taxation has promulgated two management methods for R & D institutions to purchase tax rebates for domestic equipment and ship export tax rebates for financial leasing, and clear the issue of tax refund (Exemption) for export enterprises due to the financial crisis, and implemented the pilot work of export tax rebates for RMB settlement in Cross-border trade.

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