Circular of the Ministry of Finance and the State Administration of Taxation on Several Policies of Value-Added Tax and Business Tax
Circular of the Ministry of Finance and the State Administration of Taxation on Several Policies of Value-Added Tax and Business Tax
Circular of the Ministry of Finance and the State Administration of Taxation on Several Policies of Value-Added Tax and Business Tax
Cai Shui Zi [1994] No.26
May 5, 1994
Financial departments (bureaus), taxation bureaus of provinces, autonomous regions, municipalities directly under the central government, cities specifically designated in the state plan:
There are various problems concerning administration of VAT and business tax arising fro% implementation the new tax rules. The relevant issues are hereby clarifies as follows:
I. Tax levied on stationery products
Stationery products shall mean stamps, sheetlets, stamp booklets, postcards, first day covers, stamp folders, stamp books, stamp discs, stamp directories, crystal mounts, stamp mounting paper and other kinds of stationery products.
Units which produce and distribute stationery products shall be subjected to VAT. Postal sectors which sell stationery products shall be subjected to business taxation; Units and individuals other than postal sectors which/who sell stationery products shall be subjected to VAT.
II. Tax levied on issuance of publications
Postal sectors which issue publications shall be subjected to business taxation; Units and individuals other than postal sectors which/who issue publications shall be subjected to VAT.
III. Tax levied on sale of wireless pagers and mobile phones
Units of telecommunications (telecommunications bureaus and units which are engaged in telecommunications upon approval from telecommunications bureaus) which sell wireless pagers and mobile phones and provide telecommunications services shall be deemed as operating mixed sales and be subjected to business tax; Those which sell wireless pagers and mobile phones but do not provide telecommunications services shall be subject to VAT.
IV.
......
Cai Shui Zi [1994] No.26
May 5, 1994
Financial departments (bureaus), taxation bureaus of provinces, autonomous regions, municipalities directly under the central government, cities specifically designated in the state plan:
There are various problems concerning administration of VAT and business tax arising fro% implementation the new tax rules. The relevant issues are hereby clarifies as follows:
I. Tax levied on stationery products
Stationery products shall mean stamps, sheetlets, stamp booklets, postcards, first day covers, stamp folders, stamp books, stamp discs, stamp directories, crystal mounts, stamp mounting paper and other kinds of stationery products.
Units which produce and distribute stationery products shall be subjected to VAT. Postal sectors which sell stationery products shall be subjected to business taxation; Units and individuals other than postal sectors which/who sell stationery products shall be subjected to VAT.
II. Tax levied on issuance of publications
Postal sectors which issue publications shall be subjected to business taxation; Units and individuals other than postal sectors which/who issue publications shall be subjected to VAT.
III. Tax levied on sale of wireless pagers and mobile phones
Units of telecommunications (telecommunications bureaus and units which are engaged in telecommunications upon approval from telecommunications bureaus) which sell wireless pagers and mobile phones and provide telecommunications services shall be deemed as operating mixed sales and be subjected to business tax; Those which sell wireless pagers and mobile phones but do not provide telecommunications services shall be subject to VAT.
IV.
......