Export tax rebate increased by 20.8% in the first two months


According to the latest statistics of the State Administration of Taxation, in the first two months of this year, the country actually handled an export tax rebate of 66.7 billion yuan (excluding the library), an increase of 20.8% over the same period last year. "Compared with the continuous decline in foreign trade exports, the export tax rebate still has an increase, which indicates that the national policy of raising the export tax rebate rate has begun to receive results." The relevant person in charge of the State Administration of Taxation pointed out.
The person in charge also introduced that the tax rebates for the first two months of this year were mainly for exports in November, December and January of this year, and a small amount of exports in February, depending on the time of collection of corporate documents. From the data point of view, although the foreign trade export situation has not improved, but the tax rebate has increased year on year, to a certain extent, it has also eased the pressure on corporate liquidity. Since the second half of last year, the state has successively raised the export tax rebate rate for some labor-intensive products and some mechanical and electrical products.

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