Wood-based panel continues to enjoy VAT 70% of the levy rate

The Department of Environmental Protection has recently issued a Letter on the Provision of a Comprehensive Directory of Environmental Protection (2015 Edition) (ZPE [2015] No. 2139). Compared with the 2014 edition, the new directory classifies fiberboard, chipboard, plywood, and other wood-based panel products as "high-pollution, high-environmental risks" products, and adjusts them to "anything that meets the specified national standard and environmental label." /T11718-2009 "Standard Production of Medium Density Fibreboard Products"", "Conformity to the" formaldehyde release limit E1 standard for interior decoration materials for wood-based panels and their products" (GB18580-2001) and compliance with "Environmental Marking Products Technical Requirements" "Graphite board and its products" (HJ571-2010) standard particle board and plywood products" are no longer included in the "high pollution, high environmental risk" product list.

On June 12, the Ministry of Finance and the State Administration of Taxation jointly issued the Notice on Printing and Distributing a Catalogue of VAT Concessions for Comprehensive Utilization of Resources and Labor Services (Cai Shui [2015] No. 78), reducing the tax rebate rate for plywood, particle board, and fiberboard. It is 70%. After the identity of the man-made board is “recognized”, the man-made board that meets the relevant standards and will no longer be listed in the “Double High” product catalog will continue to enjoy the VAT rate of 70% of VAT.

In the process of compiling the “Comprehensive List of Environmental Protection (2015 Edition)”, the China Forest Products Industry Association cooperated with the relevant departments of the State Forestry Administration and listened to the opinions of local industry associations and man-made board companies, and actively responded to the Ministry of Environmental Protection and did a lot of substance. Sex work. Shi Feng, secretary-general of the China Forest Products Industry Association, said that this result has not been easy to come by. He hoped that local industry associations and wood-based panel companies would promptly convey “registries” adjustment information to the local finance and taxation departments, and implement fiberboard, particleboard, and other products to continue implementation. VAT incentives.

Shi Feng said that the adjustment of the “Directory” was based on the status quo of the wood-based panel industry and the overall transformation and upgrading of the industry, the realization of the green production development plan and the principle of step-by-step implementation. It is generally consistent with the actual conditions of the wood-based panel industry and the requirements for industrial upgrading. The wood-based panel industry should actively cooperate with relevant departments to strengthen supervision and conduct self-discipline in the industry to ensure that the national standards and environmental labeling standards put forward by the documents are comprehensively and strictly implemented in the production of wood-based panels so that the raw and auxiliary materials do not meet the standard and do not purchase, environmental protection does not meet the standards, and production does not occur. Do not meet the standard does not leave the factory to ensure the production of green environmental protection, product quality and safety.

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