The Government Guides Enterprises To Grasp The New Export Tax Rebate Policy

On the morning of August 7th, Pinghu convened an accelerated export tax rebate Conference for textile and garment enterprises, guiding enterprises to make good use of the recently issued policy on adjusting the export tax rebate rate for textiles and garments, and speeding up the adjustment of traditional industrial structure and upgrading of products in our city.

More than 150 textile and garment export enterprises in the city attended the meeting.

Since August 1st, the export tax rebate rate adjustment policy for some commodities has been implemented, and the export tax rebate rate of some textiles and clothing has increased from 11% to 13%. There are 191 textile and garment enterprises (including port areas) involved in the adjustment of the tax rebate rate in our city.

According to industry analysis, in the near future, the increase of tax rebate rate will alleviate the financial pressure faced by textile and garment enterprises to a certain extent and bring certain economic benefits.

But in the long run, it is still a topic for enterprises, governments and departments to discuss and Study on how to improve the self brand development ability of textile and garment enterprises and enhance their sense of competition.