From March 1, Zhenjiang began to levy paint consumption tax exemption from 13 coating enterprises

China Paint Network
News: From March 1, the State Revenue Bureau of Zhenjiang City, Jiangsu Province began to accept the battery,
paint
consumption tax taxpayer tax period of February 2015 and beyond consumption tax returns.
, with the approval of the State Council, the State Council has imposed a consumption tax on batteries and coatings in the production, commissioned processing and import links, with an applicable tax rate of 4%. At the same time, mercury-free primary batteries, metal hydride nickel batteries, lithium-ion batteries, lithium-ion batteries, solar cells, fuel cells and all-hydrant liquid flow batteries are exempt from consumption tax; No consumption tax is waived on coatings with VOC content of less than 420 g/L (including) in the construction state; The consumption tax on lead batteries was suspended until December 31, 2015.
statistics, Zhenjiang City involved 78 enterprises, including 19 batteries, 59 paint households; Exemption of enterprises 26 households, of which 13 batteries, paint 13 households; Suspended 5 households.