Recently, the Ministry of Finance and the State Administration of Taxation jointly issued a notice to increase the consumption tax on gasoline, naphtha, solvent oil and lubricants by 0.28 yuan/liter from the current unit tax rate as of December 13, 2014. The consumption tax on diesel, aviation kerosene and fuel oil will be increased by 0.16 yuan/liter based on the current unit tax. Aviation kerosene continues to be suspended.
This year, the company will raise the tax on the consumption tax of refined oil products twice in a row, with the aim of further intensifying efforts to curb air pollution, promote resource conservation and promote green development. This policy adjustment and tax reduction and price reduction simultaneously implemented, taking into account the affordability of residents and downstream enterprises. Increasing the new income from the refined oil consumption tax will continue to be used to manage environmental pollution, promote energy conservation, and encourage the development of new energy vehicles.

Steel Rod

Steel bars are divided into hot rolling, forging and cold drawing