- 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.
Latest Posts in "China"
- China’s New VAT Rules: Key Compliance Changes and Deadlines for Businesses from 2026
- China Updates VAT Administration: New Law, SME Enforcement, E-Commerce Relief, Import Incentives Extended
- EPPO Raids in Germany Over Suspected €1.6 Million Aluminium Customs Fraud from China
- China Clarifies SME Tax Preference Rules: New Tests Target Artificial Revenue Splitting and Abuse
- China Extends Import Tax Relief for Returned Cross-Border E-Commerce Goods Through 2027














