The tax rebate is reduced to 5% viscose industry

The tax rebate is reduced to 5% viscose industry ready?

　　Approved by the State Council, from July 1 onwards adjusted some of the goods and the export tax rebate rate, which viscose fiber export tax rebate rate from 11% to 5%. Specific implementation time to the Customs, "exports of goods declarations (export tax rebate)," with the export later. This means viscose fiber export profits will be reduced by 6 percentage points, the impact was direct. Export tax rebate is added to the loss of export unit price or on the internal digest, or a combination of both -- China 's chemical fiber associations and related enterprises ongoing analysis and measurement. 

　　 From the enterprise business and profitability, viscose industries 1-4 margin in 2007 to 18.45%, 3 rates (sales, management and financial costs and the rate of) 6.18%, the margin of 11.88%. If excluding non-recurring gains and losses, the actual pre-tax profit margin of 12.27%; the industry losses of 16.21%. 2007 1 -4 in total exports 34459.71 tons of viscose staple fiber, an increase of 173.02%; total exports amounted to 63.2978 million US dollars. year-on-year growth of 235.80%. From January to April, China 's total exports of viscose filament reached 26765.89 tons, over the same period last year an increase of 7027.19 tons, an increase of 35.6%. Total exports amounted to 99.3798 million US dollars, an increase of 54.73%. 

　　   Viscose fiber exports from the trade perspective, the general trade accounted for 80% this cut six percentage points to reduce income tax rebate 59.3448 million yuan. In 2007 China 1 -4 in viscose industry unit of product sales of 19,193 yuan / ton, China 1 -4 in 2007 viscose fiber (including filament and staple) to yield 558,600 tons, an increase of 23.71%, reduced sales revenue per ton reached 106.24 yuan, profit margins will decline by 0.5 percentage points.

　　 It lowered the export tax rebate confirmed the news after the viscose industry has adjusted to the official commencement from January to April 2007 the export data, production for export, the ratio of 10.96%. The tax rebate cut will definitely affect the domestic supply and demand patterns, so as to create a considerable price pressure from this sense, the viscose industry will be adjusted in the second half to appear.