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According to the “Notice of Levying Consumption Taxes on Batteries and Coatings” No. 16 of Caishui [2015] and the Announcement of No. 5, 2015 of the State Administration of Taxation on the Issues concerning the Collection and Administration of Consumption Taxes on Batteries and Paints, in order to promote energy conservation Environmental protection, with the approval of the State Council, imposes consumption tax on batteries and paints from February 1, 2015. Batteries and coatings are included in the scope of excise tax collection, and are collected during production, commissioning, processing, and import. The applicable tax rate is 4%.
The consumption tax is exempted for mercury-free primary batteries, nickel-metal hydride batteries (also called "hydrogen nickel batteries" or "nickel-metal hydride batteries"), lithium primary batteries, lithium ion batteries, solar cells, fuel cells, and all vanadium redox batteries. The consumption tax for lead batteries will be delayed until December 31, 2015. From January 1, 2016, consumption tax will be levied on lead batteries at a rate of 4%. The taxable consumer goods as stipulated in the tax incentive policies shall have a battery entrustment inspection report issued by a testing organization recognized by the quality and technology supervision department at or above the provincial level, and submit a test report of the relevant product as required by the competent tax authority.
In order to assist domestic battery manufacturers in grasping the dynamic trends of directives and responding to solutions, HSO engineers have conducted an in-depth interpretation of national policies and confirmed with relevant ministries and commissions to develop a set of targeted inspection methods based on different battery characteristics. The test report issued by HSO can be used as proof of the company's exemption from consumption tax.