Nanjing Customs actively serves as a “booster” for the high-quality development of the textile industry
Recently, Jiangsu Xuanda Polymer Materials Co., Ltd. received a notice from Nantong Customs that the company has invested a total of 2.35 billion yuan in the “super-simulation differentiated environmental protection project with an annual output of 150,000 tons. Fiber Production Project” and “150,000 tons of super-simulated functional new elastic fiber production project per year” have successively been confirmed by the applicable industrial policy items for customs encouraged projects.
“Thanks to the strong support and full guidance of Nantong Customs, our Phase 3 project can continue to enjoy the customs tax reduction and exemption policy.” Lu Jiaying, the person in charge of the company, said, “This policy has saved tax costs of 89.57 million for the Phase 2 project. Yuan, based on this, we have launched the third phase of the project, and will import 120 million U.S. dollars of advanced production equipment in the future. It is estimated that we can save about 80 million yuan in tax costs.”
The textile industry in Nantong has a long history, a solid foundation, a complete range of categories, and a complete industrial chain. It has now become one of the regions with the highest concentration of textile industry and the most complete categories in the country. In recent years, Nantong Customs has closely focused on Nantong City’s goal of “building a world-class textile industry advanced zone”, taking support of provincial and municipal key projects as a breakthrough, and fully supporting the textile industry to use tax reduction and exemption policies to import advanced production equipment and technology. Focus on supporting the development of textile functionalnew materials and industrial textiles, and make every effort to improve the quality of the textile industryQuality‘s “booster” for development.
Jiangsu Jiatong Energy Co., Ltd. also felt the “boosting force” of the customs. According to the plan, the company’s 2.4 million tons of multi-functional fiber project will import spinning and winding equipment worth US$677 million, which can save the company about 300 million yuan in tax costs. Currently, there are two batches of new textile functional material equipment. Imported and put into installation in the form of tax guarantee. After the completion of the three projects of the above two companies, Nantong will become the functional fiber production base with the largest production capacity in the world.
Advanced production equipment and technology, on the one hand, can enjoy preferential import tax policies, on the other hand, it has a positive effect on improving production efficiency and yield rate, which is helpful for enterprises to reduce production costs and seize market high ground. The customs suggests that relevant enterprises can pay attention to the preferential tax policies on imported equipment, speed up the introduction of advanced production equipment and technology, promote textileindustrial clusters and industry extension, and embark on a journey of high quality as soon as possible The fast lane of development.
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