Circular of the Ministry of Finance and the State Administration of Taxation on Adjusting and Improving the Policy on Excise Duties
Circular of the Ministry of Finance and the State Administration of Taxation on Adjusting and Improving the Policy on Excise Duties
Circular of the Ministry of Finance and the State Administration of Taxation on Adjusting and Improving the Policy on Excise Duties
Cai Shui [2006] No. 33
March 20, 2006
Departments (Bureaus) for Finance of all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated in the state plan, State Administration of Taxation, Bureau for Finance of Xinjiang Production and Construction Group,
In order to fit in with the needs of objective development of the society, improve further the excise duty system, with the approval of the State Council, the item, rate and corresponding policies of excise duties shall be readjusted. Relative points are hereby informed as follows:
I. About new added tax items:
1. Golf ball and its equipments, high-grade wrist watch, pleasure boat, throwaway wooden chopsticks, wooden floor are newly added items. The applicable tax rate is:
(1) The tax rate for golf ball and its equipments is 10 percent;
(2) The tax rate for high-grade wrist watch is 20 percent;
(3) The tax rate for pleasure boat is 10 percent;
(4) The tax rate for throwaway wooden chopsticks is 5 percent;
(5) The tax rate for wooden floor is 5 percent.
2. Cancel the tax items of petrol, diesel oil, add the tax item of processed oil. Petrol and diesel oil are changed to the specific items under the tax item of processed oil (the tax rate is still the same). In addition, five specific items are newly added, they are naphtha, solvent oil, lubricating, fuel oil and aviation kerosene.
(1) The applicable tax rate of above newly added specific items is:
A. Naphtha, unit tax is 0.2 yuan / litre;
B. Solvent oil, unit tax is 0.2 yuan / litre;
C. Lubricating, unit tax is 0.2 yuan / litre;
D. Fuel oil, unit tax is 0.1 yuan / litre;
E. Aviation kerosene, unit tax is 0.1 yuan / litre.
(2) The conversion standard for measuring unit of above newly added specific items is:
A.
......
Cai Shui [2006] No. 33
March 20, 2006
Departments (Bureaus) for Finance of all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated in the state plan, State Administration of Taxation, Bureau for Finance of Xinjiang Production and Construction Group,
In order to fit in with the needs of objective development of the society, improve further the excise duty system, with the approval of the State Council, the item, rate and corresponding policies of excise duties shall be readjusted. Relative points are hereby informed as follows:
I. About new added tax items:
1. Golf ball and its equipments, high-grade wrist watch, pleasure boat, throwaway wooden chopsticks, wooden floor are newly added items. The applicable tax rate is:
(1) The tax rate for golf ball and its equipments is 10 percent;
(2) The tax rate for high-grade wrist watch is 20 percent;
(3) The tax rate for pleasure boat is 10 percent;
(4) The tax rate for throwaway wooden chopsticks is 5 percent;
(5) The tax rate for wooden floor is 5 percent.
2. Cancel the tax items of petrol, diesel oil, add the tax item of processed oil. Petrol and diesel oil are changed to the specific items under the tax item of processed oil (the tax rate is still the same). In addition, five specific items are newly added, they are naphtha, solvent oil, lubricating, fuel oil and aviation kerosene.
(1) The applicable tax rate of above newly added specific items is:
A. Naphtha, unit tax is 0.2 yuan / litre;
B. Solvent oil, unit tax is 0.2 yuan / litre;
C. Lubricating, unit tax is 0.2 yuan / litre;
D. Fuel oil, unit tax is 0.1 yuan / litre;
E. Aviation kerosene, unit tax is 0.1 yuan / litre.
(2) The conversion standard for measuring unit of above newly added specific items is:
A.
......