Quoted (DROP IN EXPORT TAX REBATES!)

DROP IN EXPORT TAX REBATES!
-F`ov'G,w O!_){ The Chinese government will adjust export tax rebate as from July 1st.n8Z[V7om}2D

woiwB:?#_|U The industries involved in this adjustment include: Propagation, Minerals, Chemicals and Industrial Products, Plastics and Rubber Products, Peltry and Leather Products, Wood products, Adhesives and steel and iron products./ch^tTp*mG
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It is reported that the export tax rebate for most of chemical industry product and other related industrial products may be cancelled, and the export tax rebate for the rests of these products will be reduced from 13% to 9% (or 5%).
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+{H^jK Another rumor is that the export tax rebate for methanol, Acetic Acid and other Acetic Acid derivatives may be reduced from 13% to 5%.Pq^+Xp

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U~-P jV${)? Due to export tax adjustments, some export companies will defer their export plan until the formal documents and policy are confirmed.2m:O#ml BJ7Dj T0d
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Paper Products Export Tax Rebate is being reduced by 8% from 13% to 5%.
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:xp*HX+Qd U5zu6t0Q Plastic Products Export Tax Rebate is being reduced by 6% from 13% to 7%VdW
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-B3m HXt3F'[ What does all this mean?
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Export Tax Rebates is what Trading companies and/or Manufacturers can claim back from the government when they export. The majority of manufacturers take this rebate into account when they cost their goods.9HBb^^m
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lr5ZE.} J In a Nutshell.
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C#U?1p.y1J&Mz These goods effected by this decrease in the rebate will RISE in price after July 1st.'D cz4hjS9or8o
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[[i] Last edited by  mico1020 at 2007-6-17 08:43 [/i]]

export tax rebate for ADSL modems

What is the rate of export tax rebate for ADSL modem just now? Does the exporter pay VAT for it?

Reply #2 Sergey's post

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you are right

it's very sensitive for a export trading company