The State Administration of Taxation ("SAT") has recently issued the Announcement on Matters Concerning the Declaration of Export Tax Refund (Exemption) (the "Announcement"), with effect from May 1, 2018.
The Announcement introduces major rules as below. The first is abolishing some tax matters, forms and certificates in respect of the export tax refund (exemption) purpose. The second is simplifying some tax matters, forms and certificates in respect of the export tax refund (exemption) purpose. The third is making clear requirements on applications for postponing the declaration of export tax refund (exemption) and starting using the Application Form for Delayed Declaration of Export Tax Refund (Exemption). The fourth is specifying three circumstances in which exporters are required to provide forex receipt vouchers when declaring the export tax refund (exemption). The fifth is specifying requirements and procedures for re-determining the category of exporters for the category-based administration purpose. The sixth is specifying what documents shall be provided by domestic entities to declare export tax refund (exemption) for the space transportation services they offer or for in-orbit delivery of spacecraft and relevant goods and starting using the Export Tax Refund Declaration Breakdown for Space Launch Business. And the seventh is releasing the Catalog of Abolished Documents and Articles.