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It is understood that according to the past, the supply of fertilizers during the “three summers†period has always been a matter of national concern. Because this period is also a nationwide use of coal and electricity peaks, tight supply of energy, raw materials, and transportation shortages have caused fertilizer companies to frequently influence production due to steep costs, which in turn affects the supply of the fertilizer market. This year, in order to create a more favorable production and production environment for chemical fertilizer production enterprises, the state decided to change the current policy of returning urea products to 50% after the first half of the value-added tax of urea products to be free of tax. This means that companies will reduce their burden by nearly one billion yuan each year.
It is understood that in order to ensure the supply of the domestic market, the country has previously levied urea export tariffs from the original tonnage fixed 260 yuan, raised to a fixed tariff rate of 30%. This adjustment has led to a doubling of the urea export tariff, and this year's urea exports will drastically decrease.
In order to do a good job in the production, transportation, and sales of agricultural products during the “three summers†this year, the National Development and Reform Commission recently issued the “Circular on Strengthening the Price and Market Supervision of Agricultural Materials during the “Three Summers†Period in 2005â€, requiring development and reform at all levels, Under the unified leadership of the local government, the departments in charge of economy, trade and price shall carry out in-depth actions to stabilize the “three summers†fertilizer market and give preferential policies to the production enterprises to be put in place. We must continue to do a good job in examining the prices of chemical fertilizers and other agricultural materials, focusing on investigating and prosecuting illegal acts such as counterfeit seeds, pesticides, fertilizers, feed, and veterinary drugs, and severely crack down on unfair competition such as the mismanagement of farmer's funds, adulteration, etc., and pit farmers. The act of purifying the agricultural capital market environment ensures that the farmers can use the assured agricultural resources. The "Notice" also requires local government departments to focus on issues such as the price of local fertilizers and other agricultural materials, conduct timely inspections of prices of fertilizers and other agricultural capital markets, and maintain a high pressure on market price violations. A public exposure was given to the typical price violation cases in which the top wind violated regulations and repeated investigations.
The State utilises tax policies to stabilize the “three summers†fertilizer production urea product VAT will be fully exempted
This reporter (Reporter Liu Fangbin special correspondent Hou Changqing) June 3, the reporter learned from the National Development and Reform Commission, the country has decided to remove all urea product value-added tax from July 1st to support the production of fertilizer companies to ensure that this summer harvest, summer species, Fertilizer market stability during summer tube.