Notice on the Collection of Consumption Tax on Batteries and Coatings (2015) No. 16

China Coatings Network
News:
provinces, autonomous regions, municipalities directly under the Central Government, the Planned Single-listed Municipal Finance Department (bureau), the State Administration of Taxation, Xinjiang Production and Construction Corps Finance Bureau:
to promote energy conservation and environmental protection, approved by the State Council, from February 1, 2015 on batteries,
paint
levy consumption tax. The relevant matters are heeded as follows:
1, the battery, paint included in the scope of consumption tax collection (see annex for specific tax item notes), in the production, commissioned processing and import links, the applicable tax rate is 4%.
2. Consumption tax is waived on 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 all-hydrant liquid-flow batteries.
the consumption tax on lead batteries by December 31, 2015; As of January 1, 2016, a consumption tax will be levied on lead batteries at a rate of 4%.
exempt from consumption tax on coatings containing volatile organic compounds (VOLATILE Organic Compounds, VOCs) containing less than 420 g/L under construction conditions.
addition to the above-mentioned provisions, other matters relating to the collection and administration of consumption tax on batteries and coatings shall be carried out in accordance with the Interim Regulations of the People's Republic of China on Consumption Tax and the Regulations on the Implementation of the Interim Regulations on Consumption Tax of the People's Republic of China.
State Administration of Taxation of
Ministry of Finance, January 26, 2015