Textile import postal tax will be reduced to 20%, import consumption or spring day from April 9.

Release time:

2019-04-05

It was learned that Premier Li Keqiang of the State Council presided over an executive meeting of the State Council on April 3 to determine measures to reduce government fees and operating service fees this year, so as to further reduce the burden on enterprises and the masses, and decided to lower the postal tax rate on imported goods to promote the expansion of imports and consumption.

From April 9th, the postal tax rate levied on luggage and postal items brought into the country by individuals will be reduced. Among them, the tax rate for food, medicine and other commodities will be reduced from 15% to 13%; textiles, electrical appliances, etc. will be reduced from 25%. To 20%.

In addition, a number of draft legal amendments will be adopted in line with the implementation of the Foreign Investment Law and the need to optimize the business environment. The meeting also decided to reduce mobile network traffic and broadband charges for small and medium-sized enterprises by about 180 billion yuan for the whole year, reduce the average electricity price for general industry and commerce, lower the freight rate for floating railway goods, reduce and merge port charges, and cancel the charges for authentication of citizenship information. The above measures are further measures to reduce administrative fees after reducing social security rates. After implementation, they will reduce the burden on enterprises and the masses by more than 300 billion yuan.

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