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Ministry of Finance, Customs Administration, General Administration of Taxation Notice on the suspension of tax reduction and exemption for 20 kinds of goods

Update time:2020/8/15 16:50:49

Ministry of Finance, Customs Administration, General Administration of Taxation

Notice on the suspension of tax reduction and exemption for 20 kinds of goods


Agreed to by the State Council, from the date of announcement, no longer perform the turn tariff commission of the State Council, Ministry of Finance, state administration of taxation on the second step is clear duty and import VAT reduction under the opinions of circular (guo fa [1994] no. 64) of 20 kinds of products "no matter any trade way, any areas, enterprises, units and individuals to import, shall stop tax".

20 kinds of products including televisions, cameras, video recorders, disc player, audio equipment, air conditioner, refrigerator, and freezer, washing machine, cameras, copiers, program-controlled telephone switches, micro computer and peripherals, fax machines, telephones, wireless paging system, electronic calculators, typewriter, and a word processor, furniture, lamps and lanterns, meal (seasoning, meat, eggs, aquatic products, fruit, beverage, wine, dairy products).

With respect to goods that have imported technology and produced in large quantities and can meet domestic needs, or that need proper protection for their normal development because the state has made large investments, and whose import tax rate is basically reasonable, tax reductions and exemptions shall be abolished, taxes shall be levied according to statutory tax rates, and a catalogue shall be listed and implemented in stages.This time, we first list 20 kinds of commodities (excluding spare parts and critical parts imported by designated enterprises producing such products), and suggest that no tax reduction or exemption shall be stopped from January 1, 1995, regardless of any mode of trade, any region, enterprise, unit or individual import.However, those that belong to international organizations (excluding non-governmental organizations) and foreign governments as gifts, and those that China has concluded or participated in, as well as those that can enjoy tax reduction or exemption in accordance with agreements signed between China's government and other governments, are excluded.The provisions that all kinds of Chinese personnel going abroad, Taiwan compatriots and overseas Chinese (excluding Chinese of foreign nationality) can bring these articles into China duty-free or buy them duty-free in China are temporarily retained.

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