Yu Three Gorges A paint products tax varieties are basically determined

China Paint Network
News:
Yu Three Gorges A insiders revealed that the company has and inspection departments, tax departments confirmed that the company produced which
passing
products need to be taxed, whether the future price adjustment for downstream customers, it is not good to say. At present, the paint production capacity of high areas such as Guangdong, Shanghai, Jiangsu, tax collection has not been fully implemented; Once the consumption tax is fully implemented throughout the country, it is bound to significantly increase the cost of the entire industry, some of the costs are more likely to be transferred downstream, the corresponding product prices there is room for improvement. With the approval of the State Council, a consumption tax will be levied on coatings from February 1st, with an applicable tax rate of 4%, and no consumption tax will be levied on coatings containing volatile organic compounds (VOCs) below 420 g/L (including) during construction. At present, the traditional paint industry only 6.4% of the average profit margin, with the implementation of the consumption tax policy, will also force the traditional
paint
production enterprises transformation; With the national attention to atmospheric control, the environmental protection cost of the paint market is increasing, pollution of the environment, toxic traditional paint will face industrial integration. Beckers, the global paint giant, has officially announced a 4 per cent price increase from April 1, 2015, based on a 4 per cent consumption tax on the paint industry. Jin Litai insiders said that the company to
water-based paint
mainly, not all varieties need to be taxed, the varieties that need to be taxed are still in communication with the tax department, whether to raise prices in the future and downstream customers to negotiate.