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2024 Industrial Machine Tool Enterprises VAT Super-Deduction Policy Formulation Circular

  • Circular issued by Ministry of Industry and Information Technology, Ministry of Finance, and State Taxation Administration
  • Concerns the formulation of the list of industrial machine tool enterprises eligible for the Value-Added Tax Super-Deduction Policy for 2024
  • Addressed to Industry and Information Technology Authorities, Finance Departments, and Tax Services Offices
  • Follows requirements outlined in Circular of Ministry of Finance and State Taxation Administration on Value-Added Tax Super-Deduction Policy for Industrial Machine Tool Enterprises (Cai Shui [2023] No. 25)
  • Provides notification on the development of the 2024 list of eligible enterprises

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.

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