In order to promote energy conservation and environmental protection, the Ministry of Finance and the State Administration of Taxation have imposed consumption tax on batteries and coatings since February 1, 2015, and are subject to production, entrusted processing and import. The applicable tax rate is 4%. Rigging Hardware,Eye Grab Hook,Clevis Slip Hook,Clevis Slip Hook With Latch Yangzhou Jieerte Steel Cable Co., Ltd , https://www.yzwirerope.com
However, the notice points out that for mercury-free primary batteries, metal hydride nickel batteries (also known as "hydrogen nickel batteries" or "nickel hydrogen batteries"), lithium primary batteries, lithium ion batteries, solar cells, fuel cells and all vanadium flow batteries Exemption from consumption tax. Consumption tax will be deferred for lead storage batteries before December 31, 2015; since January 1, 2016, consumption tax will be levied on lead batteries at a rate of 4%.
In addition, the consumption of volatile organic compounds (VOC) in the state of less than 420 g / liter (inclusive) is also exempt from consumption tax.