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Four departments adjust the import tax policy for environmental protection equipment

The Ministry of Finance, the Ministry of Industry and Information Technology, the General Administration of Customs, the State Administration of Taxation and other four departments have jointly issued notices to adjust the import taxation policies for major technical equipment such as large-scale environmental protection and comprehensive utilization of resources.
The notice pointed out that in accordance with the "Circular of the State Energy Administration of the Ministry of Finance, the Ministry of Industry and Information Technology, the General Administration of Customs and the State Administration of Taxation on Adjusting the Taxation Policy for the Import of Major Technical Equipment," the study decided that a large-scale environmental protection and comprehensive utilization of resources , Emergency diesel generator set, airport baggage automatic sorting system, heavy duty die forging hydraulic press and its key components, and import tax policy for raw materials were adjusted.
Starting from June 1, 2010, it is necessary for domestic companies meeting the specified conditions to produce large-scale environmental protection and resource utilization equipment, emergency diesel generator sets, airport baggage automatic sorting systems, and heavy duty die forging hydraulic presses to support the development of the country. Import of some key parts and components and raw materials are exempted from customs duties and import value-added tax.
As of January 1, 2011, the items listed in Article 3 of the Interim Provisions on the Import Tax Policy for Major Technical Equipment of Annex No. 55 to the Financial Tariff [2009] and the enterprises listed in the Annex to this Circular for Imports of Self-use Equipment and the following contract Imports of technology and accessories and spare parts for equipment shall be levied on import taxes.

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