Tool industry for many years has been encouraging cemented carbide cutting tools production, export tax rebates standard, shows that countries support is on the basis of based on expanding domestic demand, improve export competitiveness of enterprises, support enterprises to expand exports of a policy measures to promote the national fast yet steady economic development.
Approved by the state council, the ministry of finance and the state administration of taxation issued a "notice of goods export tax rebates for parts, appropriately raise some labor-intensive and high technology content, high value-added goods of export tax rebates. Implement the new export tax rebate standards in China, which involves the goods only one machine tool industry, the nc machine tool carbide cutting tools. Specific name for hard gold metalworking machinery with a knife and blade () applied in processing, commodity code 8208101000, tax rebates to 11%.
The personage inside course of study says, the cutting tool industry for many years has been encouraging cemented carbide cutting tools production, export tax rebates standard, shows that countries support is on the basis of based on expanding domestic demand, improve export competitiveness of enterprises, support enterprises to expand exports of a policy measures, to promote steady and rapid development of national economy.
Industry for many years has been encouraging cemented carbide cutting tools production, export tax rebates standard, shows that countries support this. Tool production in China are mainly composed of two products, namely high speed steel and carbide cutting tools. Because of the high speed steel cutter production cost a lot of resources, low, low price, and product industry does not encourage this. But due to the demand of domestic machinery manufacturing industry, as well as the domestic enterprise technology transformation, most of the cutting tool domestic enterprises still is given priority to with producing such tool, exports at the same time also is very big. Cutting tool in our country export $800 million last year, most of them are high speed steel material, cemented carbide cutting tools only tens of millions of yuan. At the same time, the export structure of this product, is a factor leading to the international trade friction. Although the United States, Germany and other developed countries tool has no obvious reaction to our country, but the some countries such as Spain and South America are boycott the event has occurred. Tools, therefore, the branch repeatedly called for reducing the export of high speed steel cutting tools, but the current industry situation did not change obviously. The adjustment of the export tax rebate on the carbide cutting tools standard, luo hui said, in the hope of encouraging such products production and export.
Since this year the domestic economic situation changes, industry status also reversed, tool for domestic enterprises will face more intense competition. Due to its rapid and efficient tool market share only 10%, thus for domestic cutter enterprises, their greater competition from foreign counterparts, vic, kenner, mountain high mountains.
These foreign firms set up sales outlets in China, not only but also the direct investment in factories, the product directly aimed at the domestic high-end users to domestic enterprises caused great pressure. Since this year has been a drop in car production, the related mould industry product landslide situation, estimates that in 2013 the city will be conductive to the cutting tool industry.