Market Dynamics

The successful addition of chloride-based titanium dioxide to tax items will promote the rapid development of titanium dioxide subdivisions in the future

Time: 2023-12-28 Source from: Titanos

On December 21, 2023, the State Council Tariff Commission’s “Announcement on the 2024 Tariff Adjustment Plan” (Tax Commission Announcement No. 10 of 2023) adjusted the import and export tariff items in the 2024 tariff adjustment plan: in the existing titanium dioxide tariff Under serial number 3206.1110, a new subheading is added: "Rutile type content ≥ 99.8%, brightness (dry powder L*) ≥ 99.0", the tariff number is: 3206.1111, the technical basis standard "Chloride Titanium Dioxide Pigment" (TCNCIA 01016-2021) .

In order to promote the rapid development of my country's chlorinated titanium dioxide industry, the China Coatings Industry Association, together with the China Petroleum and Chemical Industry Federation and the State Administration of Customs, developed the standard "Chlorinated Titanium Dioxide Pigments" and conducted industry research on the basis of early communication, after more than three years of unremitting efforts, with the strong support of the State Administration of Customs and the Tax Collection and Administration Bureau of the General Administration of Customs (Guangzhou), the Tariff Department of the Ministry of Finance, the Ministry of Industry and Information Technology and other relevant national departments, as well as the China Petroleum and Chemical Industry Federation, with the cooperation and support of various chloride-based titanium dioxide companies, the application for additional tax items for chloride-based titanium dioxide products was completed. The addition of tax items for chlorinated titanium dioxide products will be conducive to research on relevant incentive policies for this type of products and production processes, and will play an important role in promoting the technological progress and international competitiveness of my country's chlorinated titanium dioxide industry.

According to the customs, starting from January 1, 2024, for titanium dioxide products with "rutile content ≥ 99.8% and lightness (dry powder L*) ≥ 99.0", the new tariff number will be used in import and export trade declarations: 3206.1111 , the customs will conduct management and data statistics on the imported and exported chloride titanium dioxide products according to this tariff number.

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