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    Government to levy 4% tax on batteries, coatings   

    我國對電池涂料開征4%消費稅 促進節能環保

    財政部、國家稅務總局日前發布通知稱,為促進節能環保,經國務院批準,自2015年2月1日起對電池、涂料征收消費稅。 [查看全文]
    2015-02-02 13:21 Ecns.cn Web Editor: Mo Hong'e
    1

    (ECNS) - The Chinese government has introduced a 4-percent consumption tax on batteries and coatings from the start of February, the Economic Information Daily reported Monday.

    In an attempt to promote energy conservation and environmental protection, the State Council, China's cabinet, has approved guidelines for the consumption tax reform of battery industries submitted by the Ministry of Finance and the State Administration of Taxation.

    According to the plan, primary cells and storage are included in the scope of the taxation, while other types of batteries, namely mercury-free primary cells, nickel-metal hydrogen storage batteries, lithium primary and storage batteries, solar cells, fuel cells and all vanadium redox flow batteries, are exempt.

    Taxation on lead storage batteries will be delayed until January 1 next year.

    Coatings with volatilization organic matter content less than or equal to 420g/l during construction are also exempt from the tax, the guideline states.

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