On the 1st of this month, the consumption tax reform finally took the first step this year: the battery and coating were included in the scope of consumption tax, and the applicable tax rate was 4% in production, commission processing and imported links. It is worth noting that the "Notice of the Ministry of Taxation" is clearly stated in the "Notice of the Ministry of Taxation of the State Administration of Taxation" (hereinafter referred to as the "Notice") in this period of the Ministry of Finance and the State Administration of Taxation (hereinafter referred to as the "Notice"): the original battery, the battery is Within the scope of collection; but exempt consumption tax on some types of batteries, including mercury-free primary batteries, metal hydride nickel batteries (also known as“Hydrogen nickel battery”or“Nickel-hydrogen battery”), Lithium original cells, lithium ion batteries, solar cells, fuel cells, and vanadium liquid flow batteries. And the volatile organic matter content is less than 420 g / liter (including) coating is exempt from the consumption tax.
At the same time, the notice is also clear, and the consumption tax on the lead battery before December 31, 2015; from January 1, 2016, consumption tax was levied by 4% tax rate in the lead battery.
Strengthen energy-saving and environmental protection“lever”
This consumption tax reform will“muzzle”To align the battery and coating industry, the fundamental purpose is to promote energy-saving and environmental protection. Make full use of consumption tax“lever”Adjust production and consumption, thereby achieving the optimization configuration of resources. As the Vice Director of the Ministry of Finance, the Dynasty said:“In general, countries are still considered from energy-saving and environmental protection. We have requested that consumption taxes are put on, improve consumer prices, so that consumers have less, saving awareness.”
For the first time, the coating industry is included in the consumption tax collection scope, Zhuo Chuang Information Analyst is said that when he accepts the "China Production News" reporter:“It is mainly considered by environmental protection. After the coating is constructed, the organic solvent volatilizes to the atmosphere, which will cause pollution to the environment, and the VOC (volatile organic compound) is also one of the important reasons for forming smog. At present, as my country's coating production continues to grow rapidly, VOC emissions are also synchronized. In order to control the environmental pollution of the coating industry, the directing the coating industry is active to environmentally friendly transformation is the main cause of the coating industry as a consumption tax. Secondly, there are many small and medium-sized enterprises in the coating industry. The level of enterprises is uniform. The consumption tax is levied. It will improve the industry to enter the threshold, promote industry integration, and improve industry concentration.”
At the same time, Zhuochuang Information Analyst Jiang Yanqin also revealed the "China Production News" reporter, in fact, the country has already planned to include the battery in the scope of consumption tax:“At the end of November 2012, Wang Jinliang, Vice President of China Battery Industry Association, Taxation, the Ministry of Finance, to impose 5% of the consumption tax on lead storage batteries. By the end of 2013, the two committees once again put forward a bill, but for the small and medium-sized businesses, in the cost line or loss of small and medium-sized enterprises, it is undoubtedly snow, and once the consumption tax is confirmed, it will lead to the lead battery industry. Earthquake, will also become the last straw that has diced some unable to load enterprises, so this offer is stranded due to strong opposition of battery companies. In this year, Minister of Finance said at the National Financial Work Conference. In 2015, it will further adjust the scope of consumption tax, the termination, tax rate, and incorporate high-energy, high-pollution products and some high-end consumer goods, and finally introduced two "Notice on the collection of consumption tax on the battery and coating".”
Tax passing effect: battery small coating
For consumers, pay more attention is whether the consumption tax reform will cause a change in market prices, and the wool is in the sheep, does this tax expenditure need consumers to pay? Jiang Yanqin focused on the battery industry research to the reporter:“From the short term, the collection of consumption tax on the price of the battery is difficult to produce a big impact.”
The reporter found in the "Notice" content, exempt from the energy-saving battery. However, it is relatively contaminated with a large contamination, while more commonly used lead-acid batteries. In the field of energy storage battery, lead-acid battery once occupied more than 80% of industrial scale. According to the China Battery Network, due to the impact of other batteries such as lithium batteries, the proportion of lead-acid batteries in 2015 will be 67%, but is still the highest storage device product with the highest market share.
Jiang Yanqin added to the reporter:“At present, the terminal consumption of lead battery under the domestic market is relatively weak. The electric bicycle market consumption is light, dragged down the battery demand, and replacing the market is affected by the weather. This year does not form, resulting in a lead-on battery enterprise finished product inventory pressure. At present, the lead storage battery market is still in the buyer's market, lead battery companies have price reduction promotions, and the price war is fierce. If the current situation, the consumption tax is difficult to pass to the downstream market.”
However, the coating market is not as calm as the battery market, and may set off a price increase. Bian Jianwei said:“It is expected that the consumption tax has a certain impact on some coating prices, and there is a rising space in paint prices. At present, most of the domestic oily paint construction conditions are difficult to achieve tax exemption, and therefore, most of the oily paint can be taxed. At present, more than 90% of the income of my country's national paint enterprises, all from oily paint, is expected to be broad due to consumption tax coverage Under greater profit pressures, their cost or partially partially transferred to consumers.”
At the same time, the paint industry also said:“4% of the consumption tax is not a small number, the consumer may feel that some coating products have high prices, which will affect the competitiveness of high VOC content products.”
Industrial upgrade“Booster”
With the emergence of consumption tax transfer, in addition to the "Notice"“Coatings with low volatile organic content below 420 g / liter (inclusive) under construction”The competitiveness of the high VOC content product of the coating industry will decline. Therefore, this consumption tax reform may become an upgrade of the coating industry industry.“Booster”. As Yang Xian, Chairman of China Wood Coatings Technology Alliance said, the introduction of consumption tax policy will promote the industry“Oil water”Upgrade.
However, this kind of industry upgrade has the actual role, but also depends on whether the collection of the consumption tax can affect the market supply and demand in the coating industry.
The policy is introduced only for industry transformation to provide a guide. Whether the income of consumption tax can affect the supply and demand of the current market, follow:“There will be no significant impact on market supply and demand relationship. On the one hand, the consumption tax still has a process. The exit of small enterprises is not one, and my country's coating production is still continuously improved. The coating supply will not be worried. question.”
Unlike the coating industry, the market supply and demand pattern of the battery industry is larger than the impact of the consumption tax, and the industrial upgrading is expected to appear faster.
“At present, the impact of consumption tax is small in the domestic market, but the export of lead storage batteries in my country will have a large impact. After 4% of the consumption tax, my country's lead storage battery will face the impact of surrounding countries, when my country's lead battery export market or will face severe test. However, from another aspect, the notice clearly indicates the mercury-free primary battery, the metal hydride nickel battery (also known as‘Hydrogen nickel battery’or“‘Nickel-hydrogen battery’), Lithium original battery, lithium ion battery, solar cell, fuel cell and full vanadium liquid flow battery exempt consumption tax, subsequent downstream electric vehicle companies or will vigorously develop lithium battery electric vehicles, larger impact generated by lead storage battery companies. Recommend: LiFePO4 Battery Manufacturer Energy storage battery Manufacturer Integrated machine energy storage battery series Manufacturer Lead lithium battery Manufacturer Outdoor Backup Battery Manufacturer Portable outdoor power supply Manufacturer Power battery Manufacturer Powerwall LiFePO4 Battery Manufacturer Battery rack Manufacturers Telecom LiFePO4 Battery Manufacturer Wall mounted battery storage Manufacturer China Lifepo4 Battery
