Announcement of the State Taxation Administration on Issuing the Administrative Measures for the Refunding of Value-added Tax on Homemade Equipment Purchased by Research and Development Institutes
Announcement of the State Taxation Administration on Issuing the Administrative Measures for the Refunding of Value-added Tax on Homemade Equipment Purchased by Research and Development Institutes
Announcement of the State Taxation Administration on Issuing the Administrative Measures for the Refunding of Value-added Tax on Homemade Equipment Purchased by Research and Development Institutes
Announcement of the State Taxation Administration [2020] No. 6
March 11, 2020
In accordance with the Announcement of the Ministry of Finance, the Ministry of Commerce and the State Taxation Administration on Continuing the Implementation of the Policy of Value-added Tax on Equipment Purchased by Research and Development Institutes ([2019] No. 91), upon conferring with the Ministry of Finance, the State Taxation Administration has formulated the Administrative Measures for the Refunding of Value-added Tax on Homemade Equipment Purchased by Research and Development Institutes, which are hereby issued. The Announcement of the State Taxation Administration on Issuing the Administrative Measures for the Refunding of Value-added Tax on Homemade Equipment Purchased by Research and Development Institutes (issued as [2017] No. 5 and amended as [2018] No. 31) shall be subject to termination of implementation upon expiration.
The Announcement is hereby given.
Administrative Measures for the Refunding of Value-added Tax on Homemade Equipment Purchased by Research and Development Institutes
Article 1 These Measures are formulated in accordance with the Announcement of the Ministry of Finance, the Ministry of Commerce and the State Taxation Administration on Continuing the Implementation of the Policy of Value-added Tax on Equipment Purchased by Research and Development Institutes ([2019] No. 91, hereinafter referred to as "Announcement No. 91" ) with a view to regulating the administration of the refunding of value-added tax ("VAT") on homemade equipment purchased by research and development institutes.
Article 2 The purchase of homemade equipment by research and development institutes (hereinafter referred to as "R&D institutes") that meet relevant conditions shall be entitled to a VAT refund in full amount in accordance with these Measures (hereinafter referred to as "VAT refund for the purchase of homemade equipment").
Article 3 The specific conditions and scope of R&D institutes and homemade equipment provided for in Article 2 hereof shall be subject to Announcement No. 91.
Article 4 Tax authorities in charge of VAT refunds for R&D institutes (hereinafter referred to as "competent tax authority" or "competent tax authorities") shall be responsible for the filing, review, approval and follow-up administration of VAT refunds for the purchase of homemade equipment by R&D institutes.
Article 5 A R&D institute entitled to the policy of a VAT refund for the purchase of homemade equipment shall, when applying for a VAT refund for the first time, go through the VAT refund filing formalities at the competent tax authority on the strength of the following materials:
1.
......
Announcement of the State Taxation Administration [2020] No. 6
March 11, 2020
In accordance with the Announcement of the Ministry of Finance, the Ministry of Commerce and the State Taxation Administration on Continuing the Implementation of the Policy of Value-added Tax on Equipment Purchased by Research and Development Institutes ([2019] No. 91), upon conferring with the Ministry of Finance, the State Taxation Administration has formulated the Administrative Measures for the Refunding of Value-added Tax on Homemade Equipment Purchased by Research and Development Institutes, which are hereby issued. The Announcement of the State Taxation Administration on Issuing the Administrative Measures for the Refunding of Value-added Tax on Homemade Equipment Purchased by Research and Development Institutes (issued as [2017] No. 5 and amended as [2018] No. 31) shall be subject to termination of implementation upon expiration.
The Announcement is hereby given.
Administrative Measures for the Refunding of Value-added Tax on Homemade Equipment Purchased by Research and Development Institutes
Article 1 These Measures are formulated in accordance with the Announcement of the Ministry of Finance, the Ministry of Commerce and the State Taxation Administration on Continuing the Implementation of the Policy of Value-added Tax on Equipment Purchased by Research and Development Institutes ([2019] No. 91, hereinafter referred to as "Announcement No. 91" ) with a view to regulating the administration of the refunding of value-added tax ("VAT") on homemade equipment purchased by research and development institutes.
Article 2 The purchase of homemade equipment by research and development institutes (hereinafter referred to as "R&D institutes") that meet relevant conditions shall be entitled to a VAT refund in full amount in accordance with these Measures (hereinafter referred to as "VAT refund for the purchase of homemade equipment").
Article 3 The specific conditions and scope of R&D institutes and homemade equipment provided for in Article 2 hereof shall be subject to Announcement No. 91.
Article 4 Tax authorities in charge of VAT refunds for R&D institutes (hereinafter referred to as "competent tax authority" or "competent tax authorities") shall be responsible for the filing, review, approval and follow-up administration of VAT refunds for the purchase of homemade equipment by R&D institutes.
Article 5 A R&D institute entitled to the policy of a VAT refund for the purchase of homemade equipment shall, when applying for a VAT refund for the first time, go through the VAT refund filing formalities at the competent tax authority on the strength of the following materials:
1.
......