MoF&MIIT&MIIT, Nov.2018 The Catalogue of Crucial High-Tech Equipment and Products that Enjoy the State Support, as amended 2018 (see Annex 1) and the Catalogue of Imported Key Components and Raw Materials for Crucial High-Tech Equipment and Products, as amended 2018 (see Annex 2) shall come into force on January 1, 2019. Where it is truly necessary for domestic enterprises that meet the prescribed requirements to import the commodities as listed in Annex 2 to this Notice for manufacturing the equipment or products as listed in Annex 1 thereto, such commodities shall be exempted from tariff and import value-added tax. Where the duration of implementation is listed in Annex 1 or 2, the tax exemption duration for relevant equipment, products, components and parts, and raw materials shall last until December 31 of the year.The tax exemption policy for million KW nuclear power units (GII improved nuclear power unit) and other equipment shall be cancelled as of January 1, 2019The Catalogue of Crucial High-Tech Equipment and Products Not Exempted from Tax in Imports, as amended 2018 (See Annex 3) shall come into force on January 1, 2019.Where the following projects and enterprises approved on or after January 1, 2019 that enjoy theRead More →

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