The Ministry of Finance adjusts the export tax rebate rate for some products.

The Ministry of Finance adjusts the export tax rebate rate for some products.

On October 25, the Ministry of Finance and the State Administration of Taxation jointly issued the "Notice on Adjusting the Export Tax Rebate Rate for Some Products" to adjust the export tax rebate rate for some products. The notice will be implemented from November 1, 2018. The notice clearly stated that the export tax rebate rate for photographic paper rolls, plastic products, bamboo flooring, grass vine weaving products, tempered safety glass, lamps and other products was increased to 16%. The export tax rebate rate for lubricants, aircraft tires, carbon fiber, and some metal products was increased to 13%. The export tax rebate rate for some agricultural products, bricks, tiles, fiberglass and other products will be increased to 10%. Cancel the export tax rebate for soybean meal.