| Supplementary Circular of the Ministry of Finance, the State Administration of Taxation of the People's Republic of China, on Lowering the Tax-refund Rate for Some Export Commodities |
| Thursday,September 13,2007 Posted: 14:35 BJT(0635 GMT) |
| From:CAITEC Article type:Original |
Financial offices (bureaus) and national taxation bureaus of all provinces, autonomous regions, municipalities and cities specially designated in the state’s plan: Since the printing and issue of Circular of the Ministry of Finance, the State Administration of Taxation on Lowering the Tax-refund Rate for Some Export Commodities (No.90, 2007), a part of local regions have sent letters in succession, requiring related authorities clarify export rebates of several commodities and execution scope of export equipment and building materials under contract of long-term foreign contracted projects. Related issues are now supplemented as follows: 1.Canceling the export rebates of commodities with codes of 2932999091, 3922200010 and 4412101911, in accordance with Article 1 Item 1 of No.90, 2007 of Ministry of Finance and State Administration of Taxation. Canceling the export rebates of salt in accordance with Article 1 Item 2 of No.90, 2007 of Ministry of Finance and State Administration of Taxation, the specific commodity codes of which are 25010011, 25010019 and 25010020. Adjusting the export rebates of rotary furnace, stove and stapler to 9% in line with Article 2 Item 11 of No.90, 2007 of Ministry of Finance and State Administration of Taxation. 2.Commodities listed in Appendix 2 of No.90, 2007 of Ministry of Finance and State Administration of Taxation, “List of Commodities with Export Rebates Lowered” do not cover commodities in Appendix 1, Appendix 3 and commodities with rebates canceled or tax-exempt commodities. Related adjustment are released as follows: (1).Adjusting export rebates of cyclitol and its halide, nitration products, sulphonation products or nitrosation ramifications (excluding 29061100 and 29061990) with serial number of 58 and commodity code of 2906 to 5%. (2).Adjusting commodity name of commodities with serial number of 297 and commodity code of “3901 to 3926” to “Chapter 39 excepting the tax code of 3909301000”. (3).Adjusting export rebates of electrical conductor whose rated voltage is no less than 80 volt-ampere with coupling head, the serial number of which is 812 and commodity code 85444219. 3.The long-term foreign contracted project in Article 4 Item 3 of No.90, 2007 of Ministry of Finance and State Administration of Taxation, equipments and building materials refer to: (1)Long-term foreign contracted project refers to foreign contracted project with construction period no less than 1 year. (2)Equipments refer to commodity involved in Chapter 84, 85 and 87 of the import and export tariff. (3)“building materials” refer to the following goods in import and export tariff: cement under commodity code of “2523” in Chapter 25; wooden products for building use such as timber, floor board doors and windows in Chapter 44; plastic pipe and plastic good for walls under commodity codes of “3917” to “3918” in Chapter 39; stone materials, cement products and asbestos products in Chapter 68; pottery tile, thimble, tile, pottery sanitary installation in Chapter 68; steel products in Chapter 73; aluminium section and aluminium yarn under commodity codes of “7604”to“7605”. 4.the former export rebates rate shall be followed to deal with issues of rebates involving purchasing of China-originated goods and labor service by staff members from foreign embassy in China and diplomatic representatives, foreign-invested enterprises’ purchasing of domestic equipments that conform to rebates conditions, and electromechanical products wined by domestic enterprises in international bidding organized by foreign government and international financial organization or electromechanical products that foreign enterprises win and subcontract to domestic enterprises. Ministry of Finance State Administration of Taxation Jul 10, 2007 (All information published in this website is authentic in Chinese. English is provided for reference only. ) |
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