Announcement on Relevant Value-added Tax Policies for Promoting the Relief and Development of Stranded Industries in Service Sector

Announcement on Relevant Value-added Tax Policies for Promoting the Relief and Development of Stranded Industries in Service Sector
Announcement on Relevant Value-added Tax Policies for Promoting the Relief and Development of Stranded Industries in Service Sector

Announcement of the Ministry of Finance and the State Taxation Administration [2022] No. 11

March 3, 2022

To promote the relief and development of stranded industries in service sector, the relevant value added tax (VAT) polices are hereby announced as follows:

I. The implementation period of the VAT super deduction policies for production and life service sectors, as stipulated in the Article 7 of the Announcement of the Ministry of Finance, the State Taxation Administration and the General Administration of Customs on Relevant Policies for Deepening Value-Added Tax Reform (Announcement of the Ministry of Finance, the State Taxation Administration and the General Administration of Customs [2019] No.
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