Most popular Ministry of Finance machinery parts i

Ministry of Finance: import tariffs on mechanical parts "first levy and retreat"

Ministry of Finance: import tariffs on mechanical parts "first levy and retreat"

China Construction machinery information

Guide: in order to encourage independent research and development and production of large state-owned equipment manufacturing enterprises, the Ministry of Finance recently issued a notice to domestic equipment manufacturing enterprises for development Import duties and import duties paid on some key parts and raw materials imported for the manufacture of large open-pit mining machinery shovel excavators and large coal mining equipment

in order to encourage the independent research and development and production of large state-owned equipment manufacturing enterprises, the Ministry of Finance recently issued a notice that the import tariff and import value-added tax paid by domestic equipment manufacturing enterprises on some key parts and raw materials imported for the development and manufacture of large open-pit mining machinery shovel excavators and large coal mining equipment will be "levied first and refunded", At the same time, the import tax exemption policy of corresponding complete machines and complete sets of equipment shall be stopped

at the beginning of 2007, the Ministry of finance, the national development and Reform Commission, the General Administration of customs, the State Administration of Taxation and other four departments jointly issued the "notice on implementing the opinions of the State Council on accelerating the revitalization of the equipment manufacturing industry and related import tax policies". The tax adjustment notice issued this time is the latest measure to implement the policy of reducing the import tax of the above equipment industry with the inventory. The Ministry of Finance revealed that among the 16 key areas of major technical equipment previously selected, tariff adjustment policies for textile machinery, shield machines, large mining excavators and coal mining equipment have been approved, and tariff adjustment policies for other areas will be introduced in succession

in addition, since January this year, the import tax exemption policy has been suspended for some types of complete machines of newly approved domestic and foreign investment projects, such as shovel mining excavators, electric traction shearers, scraper conveyors, scraper conveyors, hydraulic supports, large crushing stations, fixed belt conveyors, etc

according to Xinhua news agency, the relevant person in charge of the Ministry of Finance said that the adjustment of the import tax policy reflects the government's support for the revitalization of the domestic equipment manufacturing industry. The tax returned from the import of key components and raw materials is converted into the capital of enterprises, which can provide a source of capital investment for enterprises to carry out technological transformation and scientific and technological innovation. At the same time, on the premise that domestic equipment can meet the basic domestic needs, stopping the tax exemption of imported complete machines can provide an opportunity for domestic equipment to compete fairly with imported aluminum-plastic composites, which are simply processed at a price 40% - 70% lower than that of pure plastic, and can reduce the production cost pressure of newly developed domestic equipment within a certain period of time