nav Searchuser
Maxunitech Inc.
Beijing Multigrass Formulation Co., Ltd.

China to cancel tax refund for some export pesticidesqrcode

Jun. 24, 2010

Favorites Print
Forward
Jun. 24, 2010

China to cancel tax refund for some export pesticides

On June 22, Ministry of Finance, the State Administration of Taxation release of "some of goods on to cancel the export tax rebate rate of notification", which announced that to cancel the tax refund on some goods with effect from July 15, reports Agropages. According to the Ministry of Finance, the tax refund will be called-off on some exported steel, non-ferrous metals, silver powder, alcohol, corn starch, pesticides, medicines, chemical products, plastic goods, rubber and glass products.

Pesticide ais for which the export rebate has been cancelled include: glyphosate , methoxychlor, nithophen, acequinocyl, dalapon, binapacryl (ISO), dibutyl succinate, chlorfenvinphos, inezin, endosulfan, sulfotepp and more.

The Wynca, one of the largest glyphosate manufacturers worldwide, was severely impacted by this adjustment. Shares of Wynca (600596, SSE) were traded at RMB 12.60, down 1.95% from previous close.

About Agropages.com

Agropages.com is a global leading provider of agrochemical market service. Agropages.com focuses on up-to-date industry news, features, market reports and products selling & buying information.

For more information, please visit: www.agropages.com
Any questions, please contact: info@agropages.com
Want to release your press, please contact: agronews@agropages.com
Source: AgroNews

Picture 0/1200

More from AgroNews

Magazine

Annual Review 2019 2019 CRO & CRAO Manual
2019 Market Insight Chinese issue of 2019 Market Insight
2019 India Pesticide Suppliers Guide 2019 Biologicals Special
Subscribe Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

Picture 0/1200

Subscribe to daily email alerts of AgroNews.