What is the export tax rebate rate for ready-to-wear garments and fabrics? Some garment rebates are as high as 17%, and general T-shirts, denim and sweaters are about 13.4%. The amount is the total FOB price multiplied by the tax rebate rate. If your factory has import and export rights, it will be returned in full to your factory. If not, you can only look for import and export companies to receive tax refunds and receive foreign exchange. It is necessary to collect a certain number of points as a service fee, and you will earn a tax rebate of 2 points or so. .
From January 1, 2015, the export tax rebate rate of some products was adjusted again, in which textile and apparel export tax rebate rate was raised to 17% and full tax rebate was realized.
The export tax rebate policy has been adjusted frequently since its introduction in 1985. This time, the tax rebate rate for some textile and apparel exports has been raised to 17%, which is favorable for the international competitiveness of the entire textile and apparel industry. In March 1985, the State Council formally promulgated the export tax rebate policy and implemented it on April 1, 1985. After frequent adjustments, the export tax rebate rate for textiles and apparels generally remained within the range of 5% to 17%.
The adjustment of the export tax rebate rate serves the adjustment needs of the country’s export structure. Take textiles and apparel as an example. In order to get rid of the Asian financial crisis in 1998, the state raised the export tax rebate rate for textiles and clothing from 6% to 11% in January 1998. In 2005, China’s textile and apparel export was the golden peak. To reduce the trade surplus, the country reduced the textile export tax rebate rate from 13% to 11% in 2006, and then lowered it to 5% in 2007 (viscose fiber); After the crisis broke out, the export tax rebate rate for viscose fiber was further increased from 5% to 14%. The export tax rebate rate has been raised from 16% in 2009 to 17%, which is mainly due to the unfavorable environment in which exports of textiles and garments have continued to slump in the past three years, and low- and mid-end orders have accelerated to Southeast Asian countries.
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