Xingtai Customs provides precise assistance to support the transformation and upgrading of the textile industry

Recently, the high-end textile production and construction project of Xingtai Hengjin Textile Co., Ltd. was put into operation. Dozens of rapier looms imported from abroad operated smoothly at high speed. In less than 4 minutes, a one-meter high-end “blue diamond” was produceddenim is woven. “The successful launch of the project is inseparable from the considerate service provided by the Xingtai Customs’ Enterprise Assistance Group. We learned that our new project plans to import a batch of shuttleless rapier looms , members of the team followed up and provided policy assistance. After the equipment arrived in Hong Kong, it only took one day to go through the tax reduction and exemption procedures for the equipment, with a total reduction of tariff and value-added tax of 252 Ten thousand yuan,” said Zhang Haichao, general manager of Hengjin Company.

The textile industry is an important industrial pillar in Xingtai City, but as a traditional labor-intensive industry, it has always faced problems such as low technical level and high production costs. Since last year, Xingtai Customs has fully supported textile enterprises within its jurisdiction to use tax reduction and exemption policies for imported equipment to accelerate their transformation and upgrading. Customs staff go to enterprises to promote policies such as tax reduction and exemption, intellectual property rightscustoms protection through training lectures and other forms, and guide enterprises to make full use of the country’s preferential policies. Give full play to the role of “liaison with relevant enterprises”, provide “one-on-one” personalized services, guide enterprises to accurately quote industrial policy items, and provide technical guidance such as pre-categorization and standardized declaration of enterprise equipment. In addition, foreign trade services will be optimized, tax reduction and exemption registration will be cancelled, and enterprises will be guided to complete the two procedures of project registration and review and confirmation in one application. The time limit for processing tax exemptions and exemptions will be shortened to the greatest extent, and tax exemption guarantees and other forms will be flexibly used to help equipment arriving at the port in advance be imported and installed to ensure “no delays in the port, early customs clearance, and early production.” According to statistics, since this year, Xingtai Customs has approved 300 units/set of tax reduction and exemption equipment for the city’s textile enterprises, with a value of 190 million yuan.

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