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Good news for bamboo products exporting
 

The export tax rebate rate for Bamboo disposable chopsticks  increased six percentage points up from 5% to 11%. Chopsticks export industry itself is a meager profit sector, the export tax rebate rate of increase will directly reduce business costs.


The Ministry of Finance and  Administration of Taxation bureau issued a circular stated that The export tax rebate rate will increase recently, from August 1 onwards, some of the adjustment of export tax rebate rate, for example the textile, clothing export tax rebate rate from 11 percent to 13 percent, and , the export tax rebate rate of Bamboo products will be up to 11 percent. This is the first time that China raised the export tax rebate rate from 2006 downlowed export tax rebate rate.

It is reported that the increased export tax rebate rate of bamboo products related to bamboo plywood, bamboo Multilayer PCB, bamboo disposable chopsticks, bamboo round,bamboo stake. raising the export tax rebate rate of bamboo products, will no doubt be good bamboo products export of China's enterprises.

 

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