How to handle tax exemption for imported equipment for encouraged projects?
Guidelines for handling tax exemption for imported equipment\x0d\ \x0d\\ tax exemption policy\x0d\\\ policy: for domestic investment projects in line with the "current national key to encourage the development of industries, products and technology catalog", in line with the "foreign \x0d\ investment industry guidance catalog" encouraged and restricted category B and transfer of technology, foreign investment projects, imported within the amount of investment for self-use\x0d\\ Equipment, exempted from customs duties and import VAT\x0d\ (including technology and ancillary parts and spare parts imported with the equipment in accordance with the contract). \x0d\ \x0d\\ VAT has resumed collection \x0d\\\x0d\ Procedures and materials to be submitted: \x0d\ \x0d\ 1. Go to the counties and cities planning and economic commissions for the project formalities \x0d\ to be submitted: the enterprise to apply for the project request, feasibility study report on the technological innovation project, bank loan letter of intent or letter of commitment, the project environmental assessment \x0d\ opinion, copy of the enterprise business license and the Enterprise introduction of equipment for self-use commitment. \x0d\ \x0d\ 2. To the provincial Economic and Trade Commission for the formalities of confirming the tax exemption of imported equipment for internal and external projects that the state encourages the development of; \x0d\\ \x0d\ need to submit: project approval for technological transformation projects; copy of the business license of the enterprise; and the feasibility study report of the project. \x0d\ \x0d\ 3.\x0d\ to the foreign trade and economic cooperation department for the mechanical and electrical products import license procedures; \x0d\\\\x0d\ need to submit: \x0d\ project approval of the project related documents; a copy of the business license of the enterprise; the provincial economic and trade commission issued by the confirmation of tax exemption of imported equipment; the "electromechanical products import equipment application form". \x0d\ \x0d\ 4. Go to the local customs for duty-free filing procedures. \x0d\ \x0d\ 5. Enterprises contracted or commissioned to contract externally. \x0d\ \x0d\ 6. Go to the local customs for tax exemption filing procedures for imported equipment. \x0d\ \x0d\\ for tax exemption flow chart \x0d\ \x0d\ Note 1: Science and education supplies and disabled enterprise tax exemption projects do not need to apply for the "Confirmation of Domestic and Foreign Investment Projects Encouraged by the State for Development". \x0d\ \x0d\ Note 2: The project of tax exemption for science and educational supplies and disabled enterprises does not need to go through the filing procedures. \x0d\ \x0d\ Note 3: Enterprises should go to the Customs and Excise Department to apply for tax exemption or reduction of imported equipment before the equipment is imported and after the contract is signed. \x0d\ \x0d\ Note 4: Enterprises should go to the Customs to obtain the Certificate of Tax Exemption for Imported \x0d\ Exported Goods after the shipment of the equipment with the Bill of Lading, Packing List, Invoice (all photocopies) and the letter of introduction. \x0d\\\\\x0d\(1) Confirmation of Domestic and Foreign Investment Projects Encouraged by the State for Development; \x0d\\ \x0d\(2) Business license of the enterprise; \x0d\ \x0d\(3) Feasibility study report of the project and its approval; \x0d\\\\x0d\(4) Application form for filing of tax exemption and exemption projects and notification booklet (to be obtained and filled out at the time of filing); \x0d\\\x0d\(5) Other documents that the Customs deems it necessary to provide. Other documents. \x0d\ 2. Application for tax exemption or reduction, the following documents should be provided to the Customs officers: \x0d\ (1) Import contract; \x0d\ (2) Import code agreement (non-enterprise direct import units need to be provided); \x0d\ (3) Application form for import and export of goods exemption or reduction (to be collected and filled in when processing); \x0d\ (4) Customs think it is necessary to provide other documents. \x0d\ \x0d\ \x0d\ The tax exemption and exemption procedures for three-funded enterprises \x0d\\ \x0d\ 1. For the filing of tax exemption and exemption registrations, the enterprise shall provide the following documents to the Customs at the place of competence: \x0d\ \x0d\ (1) Confirmation of Domestic and Foreign Invested Projects Encouraged by the State; \x0d\ \x0d\ (2) Feasibility study report of the project and its approval; \x0d\ \x0d\ (3) Certificate of Approval of the Foreign (or Hong Kong, Macao, Taiwan and Overseas Compatriots) Investment Enterprise Approval Certificate; \x0d\ (4) Business License issued by the Administration for Industry and Commerce; \x0d\ (5) Contract, Articles of Association and approval of the establishment of the enterprise; \x0d\ (6) Application Form for Filing of Tax Exemption and Tax Reduction Project and the notification letter (to be collected and filled in during the process); \x0d\ (7) Any other documents that the Customs deems necessary to be provided. \x0d\ 2. Application for tax exemption, the following documents should be provided to the Customs: \x0d\ (1) import contract; \x0d\ (2) import (export) goods tax exemption application form (to be received and filled in when handling); \x0d\ (3) Customs think it is necessary to provide other documents.