The decline of added-value tax rate made products prices go down in various business fields

  • Wednesday, May 2, 2018
  • Source:ferro-alloys.com

  • Keywords:added-value tax rate, go down
[Fellow]The decline of added-value tax rate made products prices go down in various business fields

[ferro-alloys.com]Noticed by Ministry of Finance and State Administration of Taxation. The 17% tax rate and 11% tax rate would be adjusted to 16% and 10%. It made the products prices go down in various fields, such as: IT and automobile.

Recently, various products prices went down, including: oil price, railway fright rate, Apple electric devices prices, several cars prices and so on. It may contain cross-border internet business.

  • [Editor:王可]

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