- Ministry of Finance and State Administration of Taxation issued a notice on adjusting the scope of VAT and consumption tax refund goods in the Hengqin Guangdong-Macao Deep Cooperation Zone
- The notice will be implemented when the cooperation zone is officially closed for operation
- Relevant goods entering the cooperation zone through the “second line” will be considered exports and eligible for VAT and consumption tax refund policies
- Certain goods are excluded from the refund policies, including those not eligible for value-added tax refund or tax exemption, goods sold from the mainland to the cooperation zone, and goods purchased by enterprises with canceled tax refund or exemption qualifications.
Source: lexiscn.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
