Home >

Nearly 60% Of The City'S Textile And Garment Export Enterprises Have Benefited From It.

2008/8/15 14:13:00 63

Export Tax Refund For Textile And Garment Export

Affected by the increase in the export tax rebate rate, more than 30 textile and garment export enterprises in China have benefited from nearly 60%, and the annual profit is expected to increase by 6 million 300 thousand yuan.

Recently, the Ministry of Finance and the State Administration of Taxation issued a circular announcing that since August 1st this year, the export rebate rate of some textiles and garments has increased from 11% to 13%. This is the first callback since China launched the foreign trade policy of lowering the export tax rebate rate in 2006, which is a great benefit for the Ji'an textile and garment enterprises in distress.

It is reported that in the 52 textile and garment export enterprises registered in the Customs Department, the enterprises involved in the tax rebate policy adjustment mainly include Kawa Showoon, Anfu world, Hongyu textile, Xie Peng knitting, Bofield, Xiang Xing weaving, and Tat costumes, and so on. The commodities that our city exports mainly include garments, knitted fabrics, crocheted fabrics and gloves, etc.

According to Ji'an customs statistics, from 1 to July this year, the total exports of textiles and clothing, the largest export commodities in our city, amounted to 36 million 28 thousand US dollars, accounting for 26 million 879 thousand US dollars in general trade and import processing textiles and garments, accounting for 74.6% of the total value of textile and clothing exports.

The export tax rebate rate increased by 2 percentage points, equivalent to 2% of the total export volume of enterprises directly increased to the profits of enterprises. Therefore, the total profit of the textile and garment industry in the city will increase by US $537 thousand and 600, and the annual profit is expected to increase by 6 million 300 thousand yuan.

  • Related reading

Can Soft Power Determine The Future Of China'S Garment Industry?

News and information
|
2008/8/15 14:11:00
62

Fashion Brands Enter Business From Brand Dealers To Retailers.

News and information
|
2008/8/15 14:07:00
57

The Ministry Of Industry And Commerce Is Studying New Policies To Support The Textile Industry.

News and information
|
2008/8/15 14:04:00
23

Cashmere Industry In China: Who Has The Final Say?

News and information
|
2008/8/15 14:00:00
31

Daqing Refinery And Textile Factory Presents Olympic Games With Colorful Yarns.

News and information
|
2008/8/15 13:56:00
30
Read the next article

Scan Children'S Clothing In Beijing Market For Olympic Selling Point

Because of the Olympic Games, in order to prevent the autumn clothes from reaching the Beijing market, the children's clothing brands in Beijing were all ready for the autumn new clothes. This year, the autumn dress listing in Beijing is earlier than last year. When the time goes to early August, some brands have begun to promote summer clothing, and the thinner autumn dress has been sporadically mounted.