On March 15, the two sessions concluded. Premier Li answered a reporter’s question. The biggest news is that the value-added tax reduction will be implemented on April 1! From that day on, the author was surrounded by various voices, and my circle of friends was flooded with textile friends:
Everyone is rushing to inform:On April 1, the value-added tax rate will be changed from 16% to 13%. Customers who need to issue invoices please settle the payment to avoid the upcoming 16 % of the invoices are issued. The invoicing system will also be upgraded accordingly, so the notice will stop purchasing tickets until the 23rd of this month!
Since the policy was implemented, a textile boss gave The author did some calculations: the tax will be reduced by 3 points on April 1. For fabric makers, if the payment is not settled at the end of March (making four-sided fabric at a price of 10 yuan/meter), you will not have to pay until April. , which invisibly increases the cost by 0.4 yuan/meter!
Therefore, some textile bosses bluntly said that it is time to celebrate the Spring Festival again. There is no need to rush for payment, and customers will remit it within the corresponding time point. “Recently we are urging invoices, and customers are also issuing invoices. It is currently in the transitional stage and it is quite busy. Everyone wants to take advantage of this time to collect money and issue the invoices that can be issued.” A textile boss in Wujiang area said. So, what impact will this policy have on the current textile market?
1. Before the order is completed, the customer will invoice and pay in advance
As March As the day for upgrading the invoicing system on the 23rd approaches, many customers are beginning to rush to pay for invoicing so that they can receive the 16% input tax. “Recently, there have been obviously more customers returning payments and issuing invoices. Some customers have not completed their orders yet, so they directly issue invoices and pay according to the contract quantity. In addition to their trust in our products, they are mainly worried about the input they can deduct after the tax reduction. The amount of tax will be reduced, which will virtually increase their costs.” said a foreign trade salesperson in Wujiang area.
Of course, some textile bosses are confused. Trader Mr. Yang said: “We originally used monthly balances as the payment method, but now the time has not come, we don’t know how. Go talk to customers about the payment, but there will definitely be more invoices from customers this week. After all, they are old customers, and their requirements can only be met.”
2 , Foreign trade orders at the end of the month are ahead of schedule, and March export data may improve
Judging from the current situation, tax cuts may reduce the overall cost of the domestic trade market, but For foreign trade companies, there are still more or less negative factors. Zhang, a foreign trade boss, analyzed that the value-added tax on invoices has dropped from 16% to 13%. For export companies, they could have refunded the invoice amount of 160,000 yuan from 1 million yuan, but only 130,000 yuan will be refunded next month, which is reduced. There is a tax rebate of 30,000, but on the other hand, the company’s input invoices will also be reduced accordingly, so overall there are disadvantages, but not very big.
In addition, it is reported that many foreign trade companies have begun to ship and invoice orders in early April in advance, so as to ensure a 16-point tax rebate. “During this period, export orders have increased and shipments have been frequent. In fact, it’s not that the market is not really that good. It’s just that many orders have been advanced, mainly for the purpose of invoicing. So maybe the customs export data will improve in March this year, but it will be better in April. It’s hard to say,” explained Wang, another foreign trade boss.
3. Comprehensive costs have declined, and price reduction has become a major concern
Many bosses said that although many current comments indicate that tax cuts can reduce the tax costs of enterprises to a certain extent, as an intermediary business owner, In fact, it doesn’t have that big an impact. After all, as a cloth owner, the billing amount for blanks, dyeing fees, and post-processing will be reduced, but the company will also be able to deduct less. In fact, the difference is not big when one goes out and one comes in.
Let’s do the math:
Based on the gross profit margin of 10% and customer A’s monthly purchase of 100,000 yuan:
Input tax: 90,000*16%=14,400
Output tax: 100,000*16%=16,000
VAT amount: 16000-14400=1600
After tax reduction:
Input tax amount: 90,000*13%=11,700
Output tax: 100,000*13%=13,000
VAT: 13,000-11,700 =1300
That is, after the tax reduction, an order of 100,000 yuan, with a gross profit rate of 10%, will pay 300 yuan less tax, which is not 100,000 yuan * 3% , 3,000 yuan tax!
“Although according to actual calculations, we have not reduced the cost very much, the end buyers will not consider it this way. They will demand a price reduction, and subsequent price reductions are very likely. After all, the competition is fierce and everyone is desperately trying to grab a share.” Mr. Chen, the boss of Shengzeyi Textile, said worriedly.
Indeed, Mr. Chen’s worries are also on the minds of many bosses. Although some bosses responded domineeringly in WeChat Moments: “Tax cuts, we will not cut prices!” But judging from the current market situation , the entire market showed a good or bad situation in March,The mentality of manufacturers is more subtle, and the impact of peripheral production capacity on the market is still obvious. For example, the 190T and other polyester taffeta markets have large production capacity, and low-price runs have become the mainstream. This will further suppress market confidence, thus leading to the weakening of the manufacturers’ voice. , unless the market can continue to improve in April, companies will face the dilemma of being forced to cut prices.
No matter how big the country’s “red envelope” is this time, the market is There are signs of early start, but short-term catalysis does not mean that the market has really improved. After experiencing a small wave of speculation, everyone should calm down and make their own products. Only products with absolute advantages in the market can Don’t be affected by the market! </p
