In recent years, with the rapid growth of China's foreign trade exports, the trade surplus has been increasing, and the export of a large number of high-energy, high-pollution and resource products has brought disadvantages to the sustainable development of China's economy. In order to reduce trade friction, promote the balance of import and export trade and change the growth mode of foreign trade, with the approval of the State Council, on June 19, 2007, the Ministry of Finance and the State Administration of Taxation jointly issued the Notice on Reducing the Export Tax Rebate Rate of Some Commodities. (Cai Shui [2007] No. 90), the regulations are implemented from July 1, 2007.
The adjustment of the export tax rebate rate mainly includes three aspects: First, on the basis of reducing and eliminating the export tax rebate rate of high energy consumption, high pollution and resource products last year, 553 “two high and one capital†products were further cancelled. The export tax rebate, involving the machine tool industry, has one item of boron carbide (tax number). Secondly, it reduced the export tax rebate rate of 2,268 items that are likely to cause trade friction. In the machine tool industry, there are 35 items including abrasives, tools and insert planers. Third, the export tax rebate for 10 commodities was changed to export tax exemption. This item does not involve machine tool products. (See attached table for details)
In 2006, the total import and export trade of machine tool products was 14.954 billion US dollars, a year-on-year increase of 15.4%. Among them, the import value of machine tool products was 11.136 billion US dollars, an increase of 11.75% year-on-year; the export value was 3.818 billion US dollars, an increase of 27.5%. The import and export deficit of the machine tool industry is very large, but in the export products, the products with large quantity and low price still account for a certain proportion. From the perspective of the structure of import and export products in 2006, imported metal processing machine tools accounted for 65.0% of total imports, tools accounted for 7.4%, abrasives accounted for 3.3%; export metal processing machine tools accounted for 31.1% of total exports (involving this export tax rebate) The rate-adjusted metal processing machine accounted for 4.3%), the tool accounted for 17.9%, and the abrasives accounted for 18.9% (the abrasives involved in this export tax rebate rate accounted for 8.1%). It can be seen that in the whole machine tool industry products, the products with the adjusted export tax rebate rate accounted for 30.3% of the total export volume, mainly related to small industries such as abrasives, tools and insert planers. Under the dual pressure of lowering the export tax rebate and the continued appreciation of the renminbi, they will face an unprecedented test.
Export tax rebate, as a state macroeconomic regulation, has been continuously adjusted in recent years, and the tax rebate rate has been lowered and adjusted, reflecting the country's economic policies and the vane of enterprise development. Throughout the overall situation of the machine tool industry, the main adjustments are high-energy, high-pollution and resource-based products, or low-value-added, low-tech products, while the state encourages the development of high value-added, high-tech content. Products such as CNC machine tools and other mainstream machine tools have not been affected.
First, the company took corresponding measures to actively respond to the tax rebate adjustment Since the export tax rebate adjustment on September 15, 2006, the abrasives industry has accelerated the clean-up and rectification of the “two high and one capital†enterprises, and increased environmental protection and energy conservation measures. The strength of the investment. The integration of enterprises by region to form group, large-scale production, improve product quality and market competitiveness; strict implementation of environmental standards, those who fail to meet the standards are resolutely closed; at the same time, shut down a group of enterprises with low production capacity. To ensure the survival and progress of the company and promote the development of the industry.
Boron carbide is another abrasive abrasive product that has been eliminated from export tax rebates after brown corundum, artificial corundum and silicon carbide. The China Machine Tool Industry Association Abrasives Branch Industry has taken corresponding rectification measures to actively respond to the impact of export tax rebate adjustment.
Second, restrict the export of "two high and one capital" products, the tax code number should be more scientific in the national import and export tax rate policy, often based on the product tax code number (referred to as: tax number), so the tax number is formulated Whether it is scientific and reasonable, directly affects the effectiveness of policy implementation. For example, in the tool industry, low-priced products (such as ordinary drill bits) with large export volume and “two highs and one capital†are the same as those with good development prospects and high added value. Products, together with reduced tax rates, have seriously affected the development of new and efficient products.
The product tax number is too general in other products. High value-added products and low value-added products cannot be distinguished in terms of tax numbers. After the tax rate changes, it is bound to limit the products that should be encouraged to develop. In addition, statistically, a product with a tax number can only be classified into one category. Therefore, it is difficult to distinguish the share of various products from statistical data, and it is difficult for industry enterprises to analyze the market and formulate development directions. To this end, enterprises are eager to speed up the process of tax number refinement to adapt to the rapid development of the current machine tool industry.
After the announcement of the "Notice on Lowering the Export Tax Rebate Rate for Some Commodities", the company is very concerned. For this reason, the China Machine Tool Industry Association has carefully compiled and verified that the export tax rebate adjustment for the machine tool industry involves 36 types of tax codes, including ten code taxes. There are 2 types of goods. If the eight-digit code issued by the customs is commonly used, the tax number should be 35.
Machine tool industry export tax rebate rate change table (July 1, 2007)
The adjustment of the export tax rebate rate mainly includes three aspects: First, on the basis of reducing and eliminating the export tax rebate rate of high energy consumption, high pollution and resource products last year, 553 “two high and one capital†products were further cancelled. The export tax rebate, involving the machine tool industry, has one item of boron carbide (tax number). Secondly, it reduced the export tax rebate rate of 2,268 items that are likely to cause trade friction. In the machine tool industry, there are 35 items including abrasives, tools and insert planers. Third, the export tax rebate for 10 commodities was changed to export tax exemption. This item does not involve machine tool products. (See attached table for details)
In 2006, the total import and export trade of machine tool products was 14.954 billion US dollars, a year-on-year increase of 15.4%. Among them, the import value of machine tool products was 11.136 billion US dollars, an increase of 11.75% year-on-year; the export value was 3.818 billion US dollars, an increase of 27.5%. The import and export deficit of the machine tool industry is very large, but in the export products, the products with large quantity and low price still account for a certain proportion. From the perspective of the structure of import and export products in 2006, imported metal processing machine tools accounted for 65.0% of total imports, tools accounted for 7.4%, abrasives accounted for 3.3%; export metal processing machine tools accounted for 31.1% of total exports (involving this export tax rebate) The rate-adjusted metal processing machine accounted for 4.3%), the tool accounted for 17.9%, and the abrasives accounted for 18.9% (the abrasives involved in this export tax rebate rate accounted for 8.1%). It can be seen that in the whole machine tool industry products, the products with the adjusted export tax rebate rate accounted for 30.3% of the total export volume, mainly related to small industries such as abrasives, tools and insert planers. Under the dual pressure of lowering the export tax rebate and the continued appreciation of the renminbi, they will face an unprecedented test.
Export tax rebate, as a state macroeconomic regulation, has been continuously adjusted in recent years, and the tax rebate rate has been lowered and adjusted, reflecting the country's economic policies and the vane of enterprise development. Throughout the overall situation of the machine tool industry, the main adjustments are high-energy, high-pollution and resource-based products, or low-value-added, low-tech products, while the state encourages the development of high value-added, high-tech content. Products such as CNC machine tools and other mainstream machine tools have not been affected.
First, the company took corresponding measures to actively respond to the tax rebate adjustment Since the export tax rebate adjustment on September 15, 2006, the abrasives industry has accelerated the clean-up and rectification of the “two high and one capital†enterprises, and increased environmental protection and energy conservation measures. The strength of the investment. The integration of enterprises by region to form group, large-scale production, improve product quality and market competitiveness; strict implementation of environmental standards, those who fail to meet the standards are resolutely closed; at the same time, shut down a group of enterprises with low production capacity. To ensure the survival and progress of the company and promote the development of the industry.
Boron carbide is another abrasive abrasive product that has been eliminated from export tax rebates after brown corundum, artificial corundum and silicon carbide. The China Machine Tool Industry Association Abrasives Branch Industry has taken corresponding rectification measures to actively respond to the impact of export tax rebate adjustment.
Second, restrict the export of "two high and one capital" products, the tax code number should be more scientific in the national import and export tax rate policy, often based on the product tax code number (referred to as: tax number), so the tax number is formulated Whether it is scientific and reasonable, directly affects the effectiveness of policy implementation. For example, in the tool industry, low-priced products (such as ordinary drill bits) with large export volume and “two highs and one capital†are the same as those with good development prospects and high added value. Products, together with reduced tax rates, have seriously affected the development of new and efficient products.
The product tax number is too general in other products. High value-added products and low value-added products cannot be distinguished in terms of tax numbers. After the tax rate changes, it is bound to limit the products that should be encouraged to develop. In addition, statistically, a product with a tax number can only be classified into one category. Therefore, it is difficult to distinguish the share of various products from statistical data, and it is difficult for industry enterprises to analyze the market and formulate development directions. To this end, enterprises are eager to speed up the process of tax number refinement to adapt to the rapid development of the current machine tool industry.
After the announcement of the "Notice on Lowering the Export Tax Rebate Rate for Some Commodities", the company is very concerned. For this reason, the China Machine Tool Industry Association has carefully compiled and verified that the export tax rebate adjustment for the machine tool industry involves 36 types of tax codes, including ten code taxes. There are 2 types of goods. If the eight-digit code issued by the customs is commonly used, the tax number should be 35.
Machine tool industry export tax rebate rate change table (July 1, 2007)
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