Circular of the Ministry of Finance and the State Administration of Taxation on Issues Concerning Value-Added Tax Policies for Certain Products Produced by Comprehensive Utilization of Resources and Others

Circular of the Ministry of Finance and the State Administration of Taxation on Issues Concerning Value-Added Tax Policies for Certain Products Produced by Comprehensive Utilization of Resources and Others

Cai Shui [2001] No. 198

December 1, 2001

The financial departments (bureaus) and the offices of the State Administration of Taxation at all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically designated under the state plan, and the financial bureau of Xinjiang Production and Construction Corp.:

Issues on the comprehensive utilization of some resources and value-added tax policy on other products are hereby notified as follows in accordance with the official reply of the State Council on adjusting the comprehensive utilization of some resources and value-added tax policy.

Article 1 The policy on refund after collection of value-added tax on the following goods shall be implemented as of January 1, 2001:
1. Shale oil produced and processed by making use of the discarded articles of kerogen shale which is associated with the mining of coals and other products.
2. Regenerative asphalt concrete produced with the raw materials mixed with no less than 30% of waste asphalt concrete.
3. Electricity generated through living garbage in cities.
4. Cement produced with the raw materials mixed with gangue, stone-like coal, fly ash, coal boiler slag (excluding blast furnace granulating slag) and other slag mucks with the percentage of no less than 30%.
(Related articles: one article of the laws and regulations)

Article 2 Policy of half payment of payable value-added tax on the following goods shall be implemented as of January 1, 2001.
1.
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