A few days ago, the Ministry of Finance and the State Administration of Taxation issued a notice deciding to cancel the consumption tax on automobile tire tax from December 1 this year. This is another good news for the tire manufacturing industry. It is expected that the city will reduce the consumption tax by 32 million yuan per year. Pipe Fitting Gasket,Silicon Rubber Gasket,Rubber Gasket Epdm,Rubber Gasket Epdm Mat Wuan City Kunyu Metal Products Co.,Ltd , https://www.kunyucasting.com
As we all know, the function of consumption tax is to regulate income distribution, promote resource conservation and environmental protection, and guide benign consumption. The consumption tax on automobile tires began in 1994, when the car had not yet entered the ordinary family and was a luxury consumer, so the consumption tax was imposed. After entering the 21st century, the car has been "the old Wang Xietang former Yan, flying into the homes of ordinary people", the cancellation of the consumption tax is based on market changes.
Weihai has developed tires, and “Triangle†and “Chengshan†have a place in the domestic and foreign markets. As a key industry in Weihai City, the tire manufacturing industry has cancelled the automobile tire consumption tax, which will undoubtedly bring significant benefits to the tire industry and regional economic development of the city. According to the statistics of the Municipal State Taxation Bureau, after the implementation of this policy, Weihai City is expected to reduce the consumption tax by 32 million yuan per year, which will inject new vitality into the development of Weihai tire industry.