Domestic consumption tax 83.8% year-on-year increase in oil products contribution to increase the bulk

Source: Internet
Author: User
Keywords Excise tax tax treasury refined oil
Tags consumption consumption tax finance
Washington (Intern Wang Bo-jing reporter Yao) The Ministry of Finance announced that the October national revenue than last year's growth of 28.4%, this and "China's oil tax reform this year after the consumption tax increase more" and other factors. The Ministry of Finance said that in January-October this year, China's domestic consumption tax increased 83.8%, excluding the oil tax reform and cigarette consumption tax policy adjustment of the income factor, the actual growth of 7%.  This means that the oil tax reform after the increase in income is the bulk of domestic consumption tax. November 10 0 o'clock, the price of China's oil products increased for the fifth time this year. The National Development and Reform Commission informed that the price of steam and diesel increased by 480 yuan per ton. The estimated retail price of 90th gasoline and NO. 0 diesel (national average) increased by 0.36 yuan and 0.41 yuan per liter respectively.  The price of aviation oil rose by 320 yuan per ton.  Starting this weekend, the purchase of air tickets requires an increase of 20 yuan or 50 yuan fuel surcharge. The Ministry of Finance data shows that October national revenue of 684.493 billion yuan, compared with the same month last year increased 151.598 billion yuan.  The Ministry of Finance explained that this month's income growth faster, in addition to the economic stability and recovery led to the relevant tax growth, mainly by last October, the lower base, the oil tax reform this year after the consumption tax increase and other factors. The Treasury Department said that in January-October this year, the national revenue was 5,836,380,000,000 yuan, an increase of 408.799 billion yuan over the same period last year, an increase of 7.5%. In the main income items, the domestic value-added tax fell 1.5% year-on-year, personal income tax growth of 4.6%.
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