Implementation rules for import tax of major technical equipment

On July 30, the Ministry of industry and information technology, the Ministry of finance, the General Administration of customs, the State Administration of Taxation and the Energy Bureau announced the rules for the implementation of the administrative measures on import tax policies of major technical equipment, which will be implemented from August 1, 2020. The detailed rules are applicable to enterprises that produce major technical equipment or products supported by the state and have core technology and intellectual property rights to import major technical equipment and products that meet the relevant requirements of the catalog of major technical equipment andRead More →

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