Composite Fabric,bonded fabric,Lamination Fabric Lamination Fabric News -Wujiang’s textile and apparel exports increased by .% year-on-year

-Wujiang’s textile and apparel exports increased by .% year-on-year



Benefiting from the 1% increase in the export tax rebate rate for some textile products, the leverage effect of preferential tax policies has gradually emerged. According to news from the Wujiang State Taxation…

Benefiting from the 1% increase in the export tax rebate rate for some textile products, the leverage effect of preferential tax policies has gradually emerged. According to news from the Wujiang State Taxation Bureau, from January to February this year, Wujiang’s traditional textile and clothing exports were 3.09 billion yuan, a year-on-year increase of 23.3%.
On December 31, 2014, the Ministry of Finance and the State Administration of Taxation jointly issued the “Notice on Adjusting the Export Rebate Rate for Some Products”. From January 1, 2015, the export rebate rate for some textile products will be increased from the original 16% to 17%. . The categories involved in the adjustment of export tax rebate rates in the textile and apparel industry mainly include yarn, fabrics, etc. Currently, more than 900 eligible textile and apparel export companies in Wujiang have enjoyed preferential tax policies, which has alleviated the financial pressure of small and medium-sized enterprises to a certain extent. Enhanced export competitiveness. Accountant Gu of Jiangsu Huajia Silk Co., Ltd. said that in addition to relying on the country’s tax rebate policy, companies also need to continuously enhance endogenous motivation, adjust the industrial structure, and seek more living space.

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