Weihai 61 battery coating enterprises pay consumption tax increase of 5 million

China Paint Network
News: A few days ago, reporters learned from the IRS, batteries,
coatings
in the production, commissioned processing and import links will be eligible for consumption tax, the applicable tax rate of 4%.
Ministry of Finance and the State Administration of Taxation have previously issued a notice that from February 1 this year, batteries, coatings in the production, commissioned processing and import of consumption tax, the applicable tax rate of 4%. Among them, mercury-free primary batteries, metal hydride nickel batteries, lithium-ion batteries, lithium-ion batteries, solar cells, fuel cells, all-silver liquid flow batteries and new energy batteries are exempt from consumption tax. At the same time, a "limited-time exemption" for lead batteries will be suspended until December 31, 2015, and a consumption tax will be levied at the 4% rate from January 1, 2016.
addition, the construction of volatile organic matter content of less than 420 g / liter (including) of coatings exempt from consumption tax.
IRS staff said that taxpayers who comply with the regulations shall, in accordance with the provisions, go to the competent tax authorities in the locality for tax registration. For taxable consumer goods that comply with the provisions of the relevant preferential tax policies, the product inspection report issued by the testing institution recognized by the quality and technical supervision department at or above the provincial level shall be maintained, and the materials of the relevant products shall be 9 reported in accordance with the requirements of the competent tax authorities.
, the city has identified 61 batteries, paint consumption tax taxpayers, is expected to increase taxes for the whole year about 5 million.