On March 17, the Ministry of Finance and the State Administration of Taxation issued the announcement on increasing the export tax rebate rate of some products, saying that the export tax rebate rate of 1084 products such as porcelain sanitary wares will be increased to 13% and 380 products such as plant growth regulators will be increased to 9% since March 20, 2020. The export tax rebate rate applicable to the goods listed in this announcement shall be defined by the export date indicated on the export goods declaration form.
The adjustment involves 214 pesticide import and export commodity codes (10 digit code), including 192 original drugs and 22 preparations; 370 pesticide original drugs involved in supervision, the export tax rebate rate of 13% is adjusted to 13%; the export tax rebate rate of 13% is adjusted to 13% for all pesticide preparations involved in pesticides, fungicides, herbicides, plant growth regulators, rodenticides, etc., the export tax rebate rate of 13% is adjusted to 13%, and the tax is charged to 9% The export tax rebate rate was adjusted to 9%.
This adjustment has raised the overall export tax rebate rate of the pesticide industry, which is conducive to reducing the impact of the new epidemic on the pesticide industry, stabilizing the development of the export trade of pesticides, promoting the export of pesticide preparations, creating a Chinese pesticide brand, and promoting the development of the relevant industries such as pesticide auxiliaries, packaging, printing, etc.