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  • A 5% excise tax from april 1st

       2026-05-24 NetworkingName860
    Key Point:Information picturesOn 21 april, the ministry of finance and the state tax administration department jointly issued a circular on the application of a 5 per cent excise tax on real floors. As a result, there was a surge in the purchase of wood floors throughout the last week, and sales statistics from several major building materials markets and supermarkets in the capital also show that many consumers are busy catching up to the last bus before

    The price of wood is rising

    Information pictures

    On 21 april, the ministry of finance and the state tax administration department jointly issued a circular on the application of a 5 per cent excise tax on real floors. As a result, there was a surge in the purchase of wood floors throughout the last week, and sales statistics from several major building materials markets and supermarkets in the capital also show that many consumers are busy catching up to the “last bus” before taxes。

    It's hot

    Journalists learned yesterday from construction materials markets such as the fairy and red star keilong that there had been a sharp increase in sales of solid floors over the past 10 days, and that there had been a queuing of individual brand stores, so that industry had to lament that “the queuing of solid floors has never occurred and has recently been seen.”

    According to a presentation by xiaohong, manager of the building materials department of red star kailong, from 21 to 29 march, the sale of nature floors amounted to $850,000, the sale of anshin floors to $490,000 and the sale of helice floors to $180,000, all of which were significantly higher than the average month. In contrast, the news from bae is that sales in other cities, especially in the south, have increased very rapidly and that sales in beijing have risen steadily。

    According to statistics from the ansar-bed warehousing transport department, the delivery of 36,000 square metres a day on 27 march was the highest ever。

    Supply of raw materials not needed

    It was described that the products for which excise taxes were levied on the ground floors differed according to the production process, with the three main categories of wood floors, wood fingers to the floors and wood composite floors, as well as wood decorating floors used to decorate walls, ceilings on the side side of the roofs and tanks。

    The president of zhang forest, china forest industry association, stated that, following the imposition of a tax on the consumption of wood floors by the state, the manufacturers and traders would certainly follow the price increase for the following main reasons:

    First, the main raw wood production on the ground floor has been increasing prices for several years and global forest resources are scarce. As forest conservation awareness has increased worldwide, timber export controls have generally been strengthened, so that price increases for raw materials have led to rising wood floor prices in recent years. This was evident in the aftermath of the tsunami in south-east asia。

    Second, in the real-wood floor industry, where the ratio is low on its own, the average is only 15 per cent and net profit is about 5 per cent, it is believed that it is difficult to absorb the tax cost simply by digging within the firm。

    Third, as a high-end consumer, in developed countries that are more environmentally conscious, the retail price of the floor is much higher than in our own country, where the retail price of the floor is about one third higher than that of the developed countries, and this time when the national excise tax is imposed, while the market price of the floor is bound to rise, it is not high compared to the international market。

    The price increase is about 6%

    Five per cent of the current excise tax will also affect the calculation base for taxes on vat, education surcharges, urban construction charges, etc., which will actually increase the cost of taxes by about 6 per cent. The average bid price for real floors, handing over floors and composite floors is now around $230, $170 and $130 per square metre, with corresponding costs rising to $14, $10 and $8. A house of approximately 100 m2 of construction space, with the above three wooden floors of 70 m2, has a corresponding increase of $560 to $1,000。

    Of particular note is the fact that excise taxes are levied at the production chain and that consumers do not have to pay any additional taxes or charges when purchasing goods。

    Selecting and installing tips

    First, the protection against the current market for the well-known species is very confusing and, because of the different conditions in which the wood is grown, the materials of the same species vary slightly and the prices of raw materials vary. In order to promote marketing, some manufacturers use various types of lumber crowns that are not compatible with wood science, such as cherries, pears, gold, jade fragrances, etc., and, worse still, low-end wood, consumers must not be confused by names and ascertain the material so as not to be inferior。

    To determine that the appropriate long, large wood floors are not as wide as possible, it is recommended to select short and medium floors, which are not susceptible to deformation; and that long, wide-spread wood floors are relatively easily deformed。

    Iii. The importance attached to paint selection depends on the relative photopurity of the paint sheet, the absence of bubbles, the leakage of paint and the degree of grinding。

    When the accuracy of the observation is opened, the wood floors of about 10 blocks are assembled manually to observe the rigour of the bite, the size of the gap and the difference in the height of the adjacent two plates. If it's sewn, it's fine。

     
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