To Financial Departments (Bureaus), State Tax Bureaus in local provinces autonomous regions, municipalities directly under the central government , and solely-planned cities.
In order to strengthen the support for foreign export, enhance the promotion from export towards economic in crease, and alleviate the difficulties in production and operation in some important domestic industries or enterprises we decide to raise the export drawback rate for some goods with the permission of the state Council. Mere are details:
1. The drawback rate for the four kinds of electric mechanical products including machinery and instruments and apparatus will rise to be 17%:the drawback rate for agricultural machines will rise to 13%; the drawback rate for textile materials and products, clicks and watches , shoes , ceramics , steels and products of it , and cement will also rise to 13%;the drawback rate for organic industrial chemicals , inorganic industrial chemicals , coating materials, colorant ,rubbers , toys and sports appliances plastic Plastic+Products ,travel appliances and cases and boxes will rise to 11%;the drawback rate for goods at the drawback rate 6%now , including industrial products and other goods produced with agriculture products as materials will rise to 9%; the drawback rate for agriculture products will rise to 5%.
2. The duty paragraphs for the goods whose drawback rates are to be raised in the customs Import $Export Tax Regulations of PRC. May be found in the appendix; the explanations for some related specific problems in the execution and the tax telegraphic for goods not appearing in the appendix will be transmitted later by the State General Tax Bureau.
3. The notice will put in to effect since January 1,1999(the exact execution date should be according to the date of the customs relaxing noted in the customs declaration for export goods (export drawback sheet) if there is any regulation against this notice, this will be the standard.
AppendixTax Paragraphs for some goods whose export tax reimbursement rate are to be raised