State Administration Of Taxation Intends To Lower Import Duties

It is reported that milk powder buying abroad and cosmetics purchasing are surging. These abnormal means are becoming the main means for more and more consumers to purchase imported goods.

It is reported that the official of the State Administration of Taxation said that the State Administration of taxation is planning to reduce the import tax revenue of some commodities, so that these commodities can be imported in a normal way to prevent tax revenue from draining away.

At present, customs import of milk powder has tax revenue.

Some experts think that China's consumption structure and consumption concept need to be readjusted.

At present, China is changing from low income countries to middle and high income countries. Consumption structure, consumption habits and consumption demand are undergoing great changes. The state's policies should also adapt to this change.

First of all, China should reclassify the existing consumer products. Some imported goods that ordinary people begin to consume should reduce tariffs and should not be included in the ranks of luxury goods.

In particular, some import commodities should be substantially reduced.