The export tax rebate adjustment scheme has been submitted

Cisa, deputy secretary general QuXiuLi Friday, according to the association studies of steel products export tax rebate scheme has already been submitted to the relevant ministries and commissions such as finance, finally also need to be submitted to the approval of the state council, may be introduced in the first half of 2015.

, according to people familiar with the China iron and steel industry association recently several meetings to study steel products import and export tax policy options, discuss the steel export tax rebate policy, etc. In fact, cisa since April 2014, he established the iron and steel products import and export tax policy and so on four thematic working group; Was held on December 18, the association of steel industry research report YanShouHui fiscal and taxation policy, the cancellation of the market hot steel products export tax rebate is the main content.

QuXiuLi said the import and export policy is based on iron and steel industry structure adjustment of steel, cisa reporting scheme not only focus on the question of boron steel exports, but the package. At present, the scheme has been reported to the ministry of finance, the national development and reform commission and the ministry departments, finally also need to be submitted to the state council, the solution may be introduced in the first half of 2015. From the national level, not only involves the steel, also include other products import and export tax rate adjustment, specific how to adopt remains uncertain.

In steel products export tax rebate policy, boron steel export tax rebate whether cancel the market watches. Steel net information director xiang-chun xu, I think that from a few years ago, steel mills and the cisa opposition, openly supported by now, cancel the long-simmering boron steel export tax rebate policy, policy has a greater chance of landing.

In xiang-chun xu’s view, at present, the opposition only based on the position of steel products export pressure, if cancel the export tax rebate, may affect the exports. But regardless of fair competition and reduce the trade friction, cancel the export tax rebate is still the industry expected.

Also with other alloy steel export tax refund shall be cancelled, QuXiuLi directly denied, she thinks that contrary to the state encourages the export policy, it is impossible to other alloy steel export tax rebate policy adjustment.

In addition, China’s state council tariff commission announced on December 16, the tariff implementation plan in 2015, according to a 2015 Chinese steel products export tariffs, the pig iron, billet tariffs of 25%, rebar, wire rod is still 15%, suggests that the government still export policy execution limit low value-added products, the market had expected to cancel ordinary steel tax policy.