Qingdao battery coating enterprises successfully completed the first tax return a total of 490,000 yuan into the treasury consumption tax

China Paint Network
News: Reporters recently learned from the Qingdao Municipal IRS, approved by the State Council, from February 1, 2015 on batteries,
coatings
levy consumption tax, and in the production, commissioned processing and import links, the applicable tax rate is 4%. Suspended consumption tax on lead batteries until December 31, 2015; As of January 1, 2016, a consumption tax will be levied on lead batteries at a rate of 4%. By the end of the first tax filing period on March 16, a total of 19 battery production and 273 enterprises producing processing paints in Qingdao city had successfully completed their tax returns, with a total of 490,000 yuan in consumption tax deposited and 800,000 yuan exempt from consumption tax.
" tax is mainly for lead-acid batteries and paints with high levels of volatile organic matter. Battery pollution is relatively large, after the use of collection and treatment costs are relatively high, paint is the same reason. The consumption tax on batteries and coatings is aimed at promoting energy conservation and environmental protection, enhancing the competitiveness of environmentally friendly products, and promoting environmental protection by means of taxation. At the same time, by levying consumption tax on these two types of goods, raising the cost of existing products and raising consumer prices, consumers can consciously use less, save, and improve energy conservation and environmental protection awareness. IRS officials said.
it is understood that although batteries and coatings will be included in the scope of the consumption tax, but mercury-free primary batteries, metal cyanide nickel batteries (also known as "nickel hydride batteries" or "nickel hydride batteries"), lithium-ion batteries, lithium-ion batteries, solar cells, fuel cells and total liquid flow batteries exempt from consumption tax. "Mercury-free primary batteries, solar cells, etc. are energy-efficient batteries that are less polluting than taxed lead-acid batteries, so the state is exempt from the consumption tax." The relevant person in charge of the bureau told reporters.
Qingdao Qingyang Energy Technology Co., Ltd. financial director Sun Wei said: "At present, the market share of lead-acid batteries is relatively high, although lithium batteries and other energy-saving batteries accounted for an ever-expanding proportion, but lead-acid batteries are still the highest market share of energy storage device products."
This increase in consumption tax, we have been prepared, although for our enterprises, the tax burden will increase, but also a driving force for our transformation and upgrading, some of our peers have been transformed to produce energy-saving and environmentally friendly lithium batteries. "At the same time, the imposition of a consumption tax will accelerate the internal integration of the battery and coatings industry, forcing some backward enterprises to market, conducive to industrial layout and environmental improvement."