Notice on the Ministry of Finance and the tax bureau of China,

Since 1st May, 2021, the export rebate of some iron and steel products will be cancelled to reduce import cost, expand import of iron and steel resources, support the domestic reduction of crude steel output, guide the industry to reduce the total energy consumption, promote transformation and upgrading and high quality of iron and steel industry.

Among them, the tax rebate of stainless steel materials such as coils, plates, pipes and profiles are reduced from 13% to 0%, which means all the quotation of stainless steel should be increased by 13%.

Stainless steel forging parts and nickel alloy products are not affected.

Low Mang Kok B: Klang, Selangor, 18.12.1973; P: Low Chong Seng 1948; Lee Sok Yen 1952; MS: Chua Hooi Koon 1976; Ch: Low Chun Leong 1998; Low Chun Ee 2002; E: 1980 - 1985 SJK (C) Pin Hua 1 - Primary School; 1986 - 1991 SM Kwang Hua - Secondary School; 1992 - 1993 College WIT - Electronic technician; Ca: 1992 - 1993 Lion Suzuki Motor Sdn. Bhd. - Sales Executive; 1993 - 1994 Great Eastern Life Assurance (Malaysia) Berhad - Insurance Agent; 1994 - 1998 Kimwin Special Steel Sdn. Bhd. - Sales Executive; 1998 - 2000 ASSAB Steels (Malaysia) Sdn. Bhd. - Sales Engineer ; 2000 - 2004 Kimwin Special Steel Sdn. Bhd. - Freelancer Sales ; 2004 - 2010 EE TECK Marketing - Founder and Managing Director; 2010 - 2019 E Steel Sdn. Bhd - Founder and Managing Director; WaCW: Global Business Magazine - Asia Pacific Top Excellence Brand 2011; International Prestige Brand Award Book & Record 2017; Aw: Asia Pacific Top 100 Excellence Brand In Year 2011; International Prestige Brand Of The Year 2017; Me: China Entrepreneur Club; LS: English, Malay, Mandarin, Cantonese, Teochew, Hokkien; H: Gardening; Online Marketing; PMM: To develop Steel business globally through online new business model; RoS: Self discipline; Keep learning and always look for solution instead focus on problem; Web: www.esteelsuppliers.com Your index: Industry, Trade and Services Successful People in Malaysia (2nd Edition) Release date: December 2020 ( BPH - British Publishing House Ltd )