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    Home > Coatings News > Paints and Coatings Market > 77 paint enterprises in Yuhang District of Hangzhou successfully declared their consumption tax

    77 paint enterprises in Yuhang District of Hangzhou successfully declared their consumption tax

    • Last Update: 2021-02-24
    • Source: Internet
    • Author: User
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    China Paint Network
    News:
    I understand that, in order to promote energy conservation and environmental protection, from February 1, China will be batteries,
    coatings
    included in the scope of consumption tax collection, in the production, commissioned processing and import links, the applicable tax rate is 4%. The author learned from the Hangzhou Yuhang District IRS, as of March 16, the end of the first levy period, Hangzhou Yuhang District, a total of 77 households of paint consumption tax taxpayers, 12 households of battery consumption tax taxpayers successfully completed the tax return, a total of 523,000 yuan into the collection of consumption tax.
    that the tax is mainly for lead-acid batteries and volatile organic matter content of high paint, raw batteries, batteries are within the scope of the levy. Some environmentally friendly batteries, such as mercury-free batteries, lithium-ion batteries, solar cells, etc., are exempt from consumption tax, and coatings containing volatile organic matter below 420 g/L (inclusive) are exempted from consumption tax.
    " policy will promote battery, coatings-related enterprises to adjust the product structure, to the direction of green environmental protection to play a strong guiding role. At the same time, by raising the cost of these two types of goods through taxation, and ultimately raising consumer prices, consumers can consciously use less of these goods, enhance environmental protection and energy-saving awareness. "Hangzhou Yuhang District, the relevant person in charge of the IRS said. It is reported that after the release of the policy, Hangzhou Yuhang District IRS has carried out various forms of policy publicity and guidance, for the document can enjoy tax-exempt batteries, paint products have done a good job of exempting the record.
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