Paint VOC authoritative detection enjoy exemption from consumption tax policy

China Coatings Network
: China
Coatings Network
News: According to the Ministry of Finance and Taxation (2015) No. 16 "Notice on the collection of consumption tax on batteries
coatings
and the State Administration of Taxation Announcement No. 5 of 2015 "on the battery paint consumption tax management related issues" spirit, in order to promote energy conservation and environmental protection, approved by the State Council, from February 1, 2015 on the collection of consumption tax on batteries, coatings. The battery and paint are included in the scope of consumption tax collection, and the applicable tax rate is 4% in the production, commissioned processing and import links.
is exempt from consumption tax on coatings containing volatile organic compounds (VOLATILE Organic Compounds, VOCs) below 420 g/l (inclusive) during construction. Taxable consumer goods stipulated in the preferential tax policies shall hold a product inspection report issued by the testing institution recognized by the quality and technical supervision department at or above the provincial level and report the inspection report of the relevant product in accordance with the requirements of the competent tax authorities.
As one of the most authoritative testing institutions in China, the National Coating Quality Supervision and Inspection Center has passed the China Laboratory Accreditation (CNAS) and Measurement Certification (CMA), and obtained the authorization certificate (CAL) of the State Administration of Quality Inspection; Product inspection laboratory, the center can inspect the performance of various types of coatings and harmful substances, according to the characteristics of different coatings (such as ultraviolet curing coatings,
powder coatings
and high solid sub-coats, etc.) can be targeted VOC testing, inspection reports can be used as proof of enterprise consumption tax exemption.