Look, the new policy is exempt from consumption tax for eligible paints

Manufacturing is the foundation of the country, the foundation of the country, is an important part of the real economy. The Central Economic Work Conference pointed out that "the implementation of structural tax and fee reduction policies, focusing on supporting scientific and technological innovation and the development of the manufacturing industry." In order to make everyone more fully familiar with the policy and more efficient and accurate application of the policy, the Ministry of Finance and the State Administration of Taxation recently issued the "Guidelines on Preferential Policies for Major Taxes and Fees in support of the development of the Manufacturing Industry in China" (hereinafter referred to as the "Guidelines"). This includes an excise tax exemption for eligible batteries and coatings.

The Guidelines state that excise duty is exempted for mercury-free primary batteries, nickel metal hydride batteries (also known as "nickel-hydrogen batteries" or "nickel-metal hydride batteries"), lithium primary batteries, lithium-ion batteries, solar cells, fuel cells and all-vanadium flow batteries. Coatings containing less than 420 g/l of volatile organic compounds (VOCs) under construction are exempt from consumption tax.

When it comes to VOCs, I believe many readers will think of water-based coatings, and reports from many research institutions show that the water-based coatings market is in a steady growth trend. Many manufacturers focusing on waterborne industrial coatings are actively deploying and expanding their business territory. At the same time, the water-based coating industry is also continuously developing new products that are more suitable for market demand. Waterborne industrial paint has made significant progress in technology, its performance is improving day by day, and the application range is also expanding in the industrial coating industry.

With the rapid development of science and technology, the popularity of water-based coatings in multiple market segments is also gradually deepening. In the fields of auto parts, railways, steel structures, containers, machinery and equipment, electrical and mechanical engineering, water-based coatings are gradually replacing traditional coatings with their unique advantages and becoming the new darling of the industry.

In the automobile manufacturing industry, a number of companies have introduced water-based coating spray lines, from primer to middle paint to top paint, water-based coatings have been widely used. Especially in the painting process of the body frame, the utilization rate of water-based electrophoretic primer has been increasing year by year, and its environmental protection and efficient characteristics have been widely recognized by the industry.

In the field of railway, in order to improve the performance of coating, waterborne industrial paint has also been widely used. Whether it is the locomotive or the carriage, water-based industrial paint is used to paint, which not only improves the durability of the coating, but also reduces the pollution to the environment.

In addition, Bridges, pipelines and other infrastructure are also widely used water-based industrial paint for anti-corrosion protection. These facilities are exposed to the elements for a long time and are vulnerable to corrosion. The water-based industrial paint provides solid protection for these facilities with its excellent anti-corrosion properties.

In the field of mechanical equipment, painting is not only about beauty, but also about the durability and functionality of the equipment. Waterborne industrial paint has become an important choice for mechanical equipment coating due to its strong adhesion, wear resistance and impact resistance. It is like putting on a solid layer of "armor" for mechanical equipment to resist various corrosion damages brought about by long-term use.

In summary, technological advances have promoted the popularity and application of water-based coatings in many fields. With the continuous improvement of environmental protection and performance requirements, it is believed that water-based coatings will play a more important role in the future.