Export tax rebate policy adjustment will further promote pesticide export trade
Under the overall leadership of the Ministry of Agriculture and Rural Affairs International Cooperation Department and the Plantation Management Department, after years of unremitting efforts to promote through the Pesticide Inspection Institute of the Ministry of Agriculture and Rural Affairs, with the care and support of the relevant ministries and commissions, the Ministry of Finance and the State Administration of Taxation released on March 17. The "Announcement on Increasing the Export Tax Rebate Rate for Certain Products" decided to adjust the export tax rebate rate for pesticides and other products from March 20, 2020.
The adjustment involves 214 import and export commodity codes (10-digit codes) for pesticides, including 192 for original medicines and 22 for preparations; 370 for regulated pesticides and original medicines, and the export tax rebate rate adjusted at 13% is adjusted to 13 %; All pesticide formulations involving pesticides, fungicides, herbicides, plant growth regulators, rodenticides, etc., are subject to the 13% export tax rebate rate adjusted to 13%, and the 9% tax rebate rate Adjusted to 9%.
This adjustment improves the overall export tax rebate rate of the pesticide industry, helps reduce the impact of the new crown epidemic on the pesticide industry, helps stabilize the development of pesticide export trade, promotes the export of pesticide formulations, creates a Chinese pesticide brand, and boosts pesticide additives , Packaging, printing and other related industries.
Name: IDA ZHANG
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