Recently, the reporter learned from the official website of the Ministry of Finance, since April 1st, 2012, China makes adjustment on import tariffs of four LCD panels and other tax items. Among them, 32 inch and above LCD without backlight board will no longer use the original tax rate 3%, but to restore the 5% of the MFN import tariff rates.This will be good to formation of domestic panel companies, to stimulate domestic machine manufacturers to order domestic panel , but also will lead to subtle changes of global panel pattern. The industry is expected, after the raised tariffs of panel ,it may be further raised to 8 percent to 10 percent next year.The adjustment of panel import tariff is what the industry expected.The original 3% of the LCD panel tax rate is under the immature situation of high-generation LCD panel,to use preferential tax rates to reduce the cost of the LCD panel of the color TV industry from foreign imports.However, for the color TV industry,the situation of "lack of core small screen" has changed rapidly over the past two years, a number of LCD panel production lines have been launched:on March 30 last year,the panel line of CEC's power Panda in Nanjing was put into operation;at the end of June, 8.5 generation line of BOE was officially put into operation.Since the operations of many domestic high-generation panel production line, the requirement to increase tariffs on imports panel to protect the country's infant high-generation line is obvious. Compared with India, Brazil, Russia and other similar emerging market countries, the level of 3% of the panel import tariffs is significantly lower. |
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The Import Tariffs Of LCD Panel Next Year May Be Raised To 8