1, the standard delivery varieties of natural rubber are divided into imported natural rubber and domestic natural rubber, and there are also different calculation methods in the operation of collecting VAT.

2. The customs levies a value-added tax of 17% on imported natural rubber, while the special VAT invoices issued by members or investors at the time of physical delivery as stipulated by Shanghai Futures Exchange are still subject to the tax rates of imported natural rubber 17% and domestic natural rubber 13%.

3. Total VAT invoice price tax = (settlement price on the last trading day of futures contract-discount) × sold delivery quantity.