Circular of the Ministry of Finance and the State Administration of Taxation on Issues Concerning the Un-refundable Taxation and Reduced Tax Refund Rate of Exported Goods Produced by Manufacturing Enterprises

Circular of the Ministry of Finance and the State Administration of Taxation on Issues Concerning the Un-refundable Taxation and Reduced Tax Refund Rate of Exported Goods Produced by Manufacturing Enterprises

Cai Shui [2004] No.52

March 3, 2004

To the financial departments (bureaus) and state taxation bureaus of the various provinces, autonomous regions, municipalities directly under the administration of the central government, cities specifically designated in the state plan, the financial supervisory commissioners offices under the Ministry of Finance in all provinces, autonomous regions, municipalities directly under the administration of the central government, and cities specifically designated in the state plan as well as the financial bureau of the Xinjiang Production and Construction Corps:

Upon the cancellation or reduction of the tax refund rate for some exported goods on January 1, 2004 in accordance with the Decision of the State Council on the Reform of the Existing Export Tax Refund Mechanism (Guo Fa [2003] No.24), manufacturing enterprises (hereinafter including foreign-invested enterprises) must pay the un-refundable taxes levied on such goods.
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