I would like to ask some friends in the local refining industry about the fuel tax issue!
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On January 1st, the consumption tax on fuel oil was also increased significantly. As for how this tax should be offsetted for domestic refining companies, I have heard two opinions: one is to refund it in full, which would mean exempting domestic refining companies from paying the consumption tax on fuel oil Second, exempt the finished products from consumption tax, meaning that no longer will consumption tax be imposed on gasoline and diesel produced by local refineries using fuel oil as raw material? ? None of this might be accurate; what exactly is the policy? Do anyone who works in local refineries know? ? ? ? ? Also, how is the cost price of diesel produced locally calculated? Could you tell me the formula? Hehe, thank you so much! ! ! I’d like to make friends who work in local refineries; my QQ number is 89328651
We supply imported raw materials to local refineries; the fuel tax is levied at the import stage. As far as I know, it cannot be deducted or offset at the sales stage after the products are processed into finished fuels, so it’s very difficult for refineries at the moment. I’m not very familiar with the processing costs at refineries, but we can discuss how to calculate the costs of imported fuel oil.