Adjusting and Improving Excise Tax Policies

Model: | Date:2010-04-30

According to the Notice of the Ministry of Finance and the State Administration of Taxation on Adjusting and Improving Excise Tax Policies [2006]No.33, the Ministry of Finance and the State Administration of Taxation has adjusted the export rebate rates of the catagory, and caused some areas respond that it's not applicable for them to process export rebate handling.

Herewithin,  the Ministry of Finance and the State Administration of Taxation launched the policy that export rebate rates will be cancelled(VAT Tax,Excise Tax) for engineered wood flooring at Customs Code 4412 2910 901, named"Wooden Composite Flooring" since January 1st,2007.
The VAT rate will be 0, Excise Tax rate will be 0.

But Customs Code 4412 2910 901, named"Other Non-coniferous Multi-ply Wood Flooring" still enjoys export rebate rate, the VAT rate is still 13%.

Engineered wood flooring which was declared Customs earlier than January 1st,2007, according to the policy, is still able to process VAT,Excise Tax rebate rate handing. The executing date is determined by the written date on Export Customs Declaration Sheet(Rebate Rate copy).