2007 Provisional Export Duty Rate!

Date:2007-1-30 15:35:15   From:Sincere

To well adjust the export framework, to limit the export of high pollution, high energy consumption and resources type, to encourage the export of high & new technological products, machineries and electronic products, our government continuously adjusts the export duty rate. The newest edition covering 110 commodities under 5 categories was carried out from 01 Nov 2006. Please our brief summary as follows:
 
1. Provisional export duty of 5% for 4 energy sources type products like coal, coke and crude oil;
2. Provisional export duty of 10% for 44 mineral products including phosphorite, rare earth metallic ores and some other metallic ores;
3. Provisional export duty of 10% for 30 steel and ferroalloy primary products covering some ferroalloys, pig iron and billet;
4. Provisional export duty of 10% for 21 products cluding rare earth compounds, wooden floor and one-off chopsticks;
5. Provisional export duty of 15% for 11 non-ferrous metal primary products like copper, nickel and electrolytic aluminium.
 
Some of our products are within these ranges. So, please kindly understand the reason why our quotations are accordingly higher.