Temporary Adjustment Of Export Tax Rebate In Garment Industry

2011/4/19 9:26:00 85

Recently, the market rumors that the export tax rebate rate of textile and clothing will be reduced by 5 points to 11%, a Ministry of Commerce denied this rumor.

After the "two sessions" in 2011, the state will have "high pollution, high energy consumption and resource".

Two high and one capital

The news that the industry lowered the export tax rebate was further spread in the bookshops. It was revealed that the more than 100 tax numbers were related to the export clothing commodities.

The rumor pointed out that the relevant ministries and commissions would reduce the rebate rate of garment export in April 1st, but the news was strongly opposed by the Ministry of Commerce and the Ministry of industry and commerce.

For market rumors, textile and clothing

Export rebate rate

There will be a reduction of 5 points to 11%. The commerce ministry pointed out that, given the current cost pressures of textile exports and the possibility of a sharp reduction in the short term, the direction of China's export oriented development will be a downward trend.

Foreign trade policy

From "export strategy" to "import strategy", it is in line with the "12th Five-Year plan" pformation.