Circular of the State Administration of Taxation on Issues concerning the Value-Added Tax Payment for the Sino-Foreign Cooperative Exploitation of Oil Resources

Circular of the State Administration of Taxation on Issues concerning the Value-Added Tax Payment for the Sino-Foreign Cooperative Exploitation of Oil Resources
Circular of the State Administration of Taxation on Issues concerning the Value-Added Tax Payment for the Sino-Foreign Cooperative Exploitation of Oil Resources

Guo Shui Fa [1994] No.114

April 28, 1994

The taxation bureaus of provinces, autonomous regions, municipalities directly under the central government, cities specifically designated in the state plan, and taxation bureaus of Shenyang, Changchun, Harbin, Nanjing, Wuhan, Chengdu, Xi'an, Guangzhou, and to the branch bureaus of offshore petroleum tax bureaus,

In accordance with Article 3 of Circular of the State Council On Issues Concerning the Application of Valued-added Tax, Consumption Tax, Business Tax and other Tentative Taxation Regulations by Enterprises with Foreign Investment and Foreign Enterprises (Guo Fa [1994] No.10) issued by the State Council, circular on issues related to the levy of value-added tax on the exploitation of crude oil and natural gas jointly exploited by the Chinese-Foreign cooperative oil (gas) field (hereinafter referred to as cooperative oil(gas)field is announced as follows:

I.
  ......