According to international common practice, export tax rebates can reduce the overall tax burden of exported goods to zero, effectively avoiding international double taxation. The fluctuation of the export tax rebate rate directly affects the export cost of exported goods. When the export tax rebate rate is lowered or cancelled, the total cost of exported goods will rise and the profit margin will decrease. As the cost changes, the competitiveness of exported goods will also change, thereby affecting Export amount.
The export tax rebate cancellation list involves some stainless steel products. The abolition of the "export tax rebate" will inevitably lead to a decline in the export volume of stainless steel in the short term, and the decline in the export volume of stainless steel will also have a certain impact on the domestic stainless steel inventory.
