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    Home > Coatings News > Paints and Coatings Market > Hunan Province successfully levyed a consumption tax on batteries and coatings

    Hunan Province successfully levyed a consumption tax on batteries and coatings

    • Last Update: 2021-03-02
    • Source: Internet
    • Author: User
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    China Coatings Network
    : In order to promote energy conservation and environmental protection, from February 1 this year, batteries,
    coatings
    at the applicable tax rate of 4% began to levy consumption tax. March 11, Hunan Province IRS revealed that, so far, the provincial tax has successfully received a total of 59 battery, paint taxpayers to declare, of which
    paint enterprises
    49 households, 10 battery enterprises, has collected consumption tax of 230,000 yuan, tax exemption of 160,000 yuan.
    The notice issued by the Ministry of Finance and the General Administration of Taxation makes it clear that primary batteries and batteries are exempt from consumption tax on some types of batteries, including: mercury-free primary batteries, metal hydride nickel batteries (also known as "nickel hydride batteries" or "nickel hydride batteries"), lithium-ion batteries, lithium-ion batteries, solar cells, fuel cells and total liquid flow batteries. In addition, the notice requires exemption from consumption tax on coatings containing less than 420 g/L (including) volatile organic matter under construction conditions.
    The consumption tax on batteries and paints is one of the contents of this year's consumption tax reform, the Ministry of Finance will further adjust the scope, link and tax rate of consumption tax collection, high energy consumption, high pollution products and some high-end consumer goods into the scope of collection.
    Hunan Province, although the total amount of revenue from storage is not large, but to promote batteries, coatings and other related enterprises to adjust the product structure, promote the industry to green direction of transformation and upgrading has a strong guiding role.
    In order to do a good job in the introduction of battery, paint consumption tax, Hunan Province IRS timely formulation of work implementation programs, timely contact with the provincial technical quality supervision departments and related industry associations, in full grasp of the industry management first-hand information on the basis of the levy will be refined into specific tasks, assigned to the post, responsibility to implement to the people.
    IRS also sent tax officials to conduct in-depth research on Xiangjiang coatings and other enterprises, widely understand the taxpayer's claims, for taxpayers to answer questions, analysis of policy effects. The provincial tax departments at all levels are also carrying out investigation and mapping work throughout the province, door-to-door publicity of the new tax policy, so that taxpayers pay rest assured tax, understand the tax.
    , quickly do a good job of the collection and management system upgrade, accurately determine the scope of taxation, timely tax information into the system, to ensure the smooth implementation of the battery paint consumption tax policy.
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