China is drafting the "waste tire recycling regulations"

China is drafting the "waste tire recycling regulations"
2005-6-9 14:44:00
At present, China is actively drafting the "waste tire recycling regulations" is now taken shape of the Ordinance. In addition, the State Administration of Quality Supervision, Inspection and Quarantine Bureau in accordance with China's WTO accession commitments, has been drafted "on the import of used tires with the implementation of renovation for the record, the inspection supervision of the notice," will be released this year is expected to be implemented.

Taking into account the waste tire recycling business in the hands of farmers from the purchase of discarded tires, as a result of lack of value-added tax invoices and deductions can not be the case, the State Administration of Taxation and the Ministry of Finance are currently looking into the tax is expected to be issued at the end of this year . Earlier, the Development and Reform Commission, Ministry of Finance and Administration of Taxation in January this year issued jointly in 2003 of the revised "Directory comprehensive utilization of resources." "Contents" shows that the use of used tire rubber powder production, reclaimed rubber, tires, carbon black, wire, water-proof materials, rubber seals of the enterprise, as well as for tire production and renovation over the tire tread compound with enterprises can enjoy tax incentives .

In addition, the state also increased the recycling of discarded tires on the business of financial support. Recently, the industry's two tire manufacturers have applied to the Development and Reform Commission of the loan discount bonds and national demonstration project, to obtain a total of 150,000,000 yuan in loans. In the future, the country will also invest in loans to the industry tilt.