Import tax on spare parts has surged fivefold


Taxes on import of spare parts have soared by 5 times. Beijing Customs has completed taxation earlier this year. November 11, 2003 08:55 Beijing Hyundai Commercial Newsletter (Reporter Li Guojun correspondent Zhou Daqing) This year, the good economic situation in Beijing has promoted the port import and export trade. As of November 6, Beijing Customs has realized a total tax revenue of 14.076 billion yuan, an increase of 42.30% year-on-year. It completed a tax task of 14 billion yuan in the first 55 days in advance. According to statistics, from January to October this year, the cumulative value of imports and exports at the Beijing port reached US$17.185 billion, an increase of 39.06% year-on-year. Among them, under the guidance of the policy of “taking the automobile industry as a leader and taking a new road to industrialization” in Beijing, the import volume of related products in the automobile industry in Beijing has increased significantly. From January to October, the auto parts imported at the Beijing port were imported. The value of taxable goods reached 287 million U.S. dollars, and import tariffs and link taxes amounted to 982 million yuan, a fivefold increase from the same period last year. Although, in the spring and summer, the SARS epidemic broke out in Beijing, the tax revenue still maintained a large increase under the background of rapid growth in foreign trade.

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