The export tax rebate for lamps will be raised up to 13% for the third time.


From December 1st, the export tax rebate for furniture and lighting products will be raised to 13%. This is the adjustment made by the Ministry of Finance and the State Administration of Taxation within one month after the export tax rebate for some furniture products was raised from 9% to 11% on November 1.

A few days ago, the Ministry of Finance and the State Administration of Taxation issued the Notice of the Ministry of Finance and the State Administration of Taxation on Improving the Export VAT Rate of Value-Added Taxes for Labor-Intensive Products. The notice shows that the export tax rebate for household furniture, lamps and other products has been raised from 11% to 13%. This is a two-month increase in the export tax rebate for furniture in less than a month. The adjustment is not limited to the wooden furniture in November, but the export tax rebate for all furniture categories is raised to 13%.

The company’s response to the export tax rebate has been raised again. Furniture exporters said that this is a big profit, and the delivery date was postponed until December 1st, but there are also furniture companies that have little influence.

Zhu Changling, vice chairman of the China Furniture Association, analyzed that the re-adjustment of export tax rebates is a good news for the country's labor-intensive industries such as furniture. It has a certain supporting role for furniture exports, but enterprises can enjoy the benefits if they have orders. Under this circumstance, he suggested that export enterprises should appropriately adjust the product structure, industrial structure, open up new markets, and strive to enjoy the preferential policies of the state.

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