The export rebate rate of some tin products is increased.

The State Administration of Taxation has adjusted the VAT export rebate rate for some products. The new tax rate will be implemented from November 1. Among them, the value-added tax rebate rate of rolled copper-tin alloy (bronze) plates, sheets and belts was adjusted to 13%, that of other copper-tin alloy plates, sheets and belts was adjusted to 13%, that of caps, bottle caps, screw plugs and other packaging accessories was adjusted to 13%, and that of base metal welding wires with flux as core. The export tax rebate rate of VAT is adjusted to 16%. These tax rebate policy adjustments may promote the export of such products to rise, and the adjustment of the tax rebate rate of packaging accessories may lead to the increase of tinplate production.