China Mortar Magazine News Recently, the Department of Industry and Information Technology of Raw Materials Industry and the Department of Circulation Industry Development of the Ministry of Commerce have requested for instructions on the implementation of simple measures to collect value-added tax on ready-mixed mortar compared to commercial concrete by the Ready-Mixed Mortar Branch of China Building Materials Federation (mortar The branch [2014] No. 008) jointly issued a letter to the Ministry of Finance and the State Administration of Taxation, requesting "to incorporate ready-mixed mortar into commercial concrete, and implement the policy of simplifying the collection of value-added tax." So far, this initiative, which plays an important role in promoting the development of the ready-mixed mortar industry, has finally made further substantial progress.

Since August this year, in accordance with the requirements of Caishui [2014] No. 57, commercial concrete has begun to implement a 3% value-added tax rate. Some companies in the ready-mixed mortar industry (including all wet-mixed mortar companies and a few dry-mixed mortar companies) have begun to implement the 3% value-added tax rate with reference to commercial concrete companies, but most dry-mixed mortar companies still pay value-added tax at 17%. The ready-mixed mortar branch, on behalf of the industry enterprises, reported the industry demands to the relevant ministries and commissions, and prompted the leaders of the two relevant ministries and commissions to come to the branch for investigation and investigation on August 8.