Six departments have adjusted their tax policies of major technical equipment imports, boost industrial restructuring

According to six department issued a "major technologies and equipment on the adjustment of import tax policy notice", since July 1, 2009, the right domestic enterprises for the production of the country to support the development of major technical equipment and products is necessary for import of key components and raw materials, exemption from import duties and import VAT. At the same time, cancel the whole machine and complete sets of equipment, the import duty-free policy. Pairs of Chinese-made equipment is not yet fully meet the demand, still imported, as an interim measure must be examined strictly in order to gradually reduce the preferential margins, narrowing the scope of tax-free manner, within a certain period of time to continue to give preferential treatment of imports.

In the notice attached to the country to support the development of major technical equipment, and product catalog, a large clean and efficient power generation equipment, million-kilowatt-class nuclear units, ultra-supercritical thermal power parameters, the output power 600WM level, 1000WM-class coal-fired boilers, steam turbine, generator, including Deng Jun list.

The circular pointed out that since July 1, 2009, the right domestic enterprises to develop, manufacture and import of major technical equipment, some of the key components and raw materials by the payment of customs duty and import VAT to implement a policy to stop the implementation of front-end retreat.

The circular makes clear, companies on January 1, 2008 to June 30, 2009 imports of major technical equipment, the key components and raw materials, the application will continue to enjoy the front-end back import tax policy, it should be in accordance with "the National Development and Reform Commission Ministry of Finance, General Administration of Customs State Administration of Taxation of the State Council on the implementation of a number of the equipment manufacturing industry to accelerate the revitalization of the views of the notice for the import tax policies, "and the special import tax policy provides that no later than on September 30, 2009 to submit application documents fail to do so admissible.

Enterprises to apply for the enjoyment of July 1, 2009 to December 31, 2009 imports of major technical equipment and key parts and raw material products for the import of duty-free policy, no later than on October 1, 2009 to submit the application documents, no overdue accepted. Eligible companies from July 1, 2009 onwards to enjoy the import tax exemption in 2009.