China will continue to impose import duties on wind power and environmental protection equipment next year

The Ministry of Finance, the Ministry of Industry and Information Technology, the General Administration of Customs, the State Administration of Taxation and other four departments have jointly issued a notice a few days ago and pointed out that imports of enterprises' own-use equipment, including wind power generation and the comprehensive use of environmental protection resources, will be subject to import taxes.

In accordance with the "Notice of the State Administration of Industry and Information Technology of the Ministry of Finance of the Ministry of Industry and Information Technology of the Ministry of Industry and Information Technology of the State Administration of Taxation on the Adjustment of Tax Policies for Import of Major Technical Equipment," the study decided that large-scale environmental protection and comprehensive utilization of resources, emergency diesel The taxation policies for generator sets, airport baggage automatic sorting systems, heavy duty die forging hydraulic presses and their key components, and raw material imports have been adjusted.

Starting from June 1, 2010, it is necessary for domestic companies meeting the specified conditions to produce large-scale environmental protection and resource utilization equipment, emergency diesel generator sets, airport baggage automatic sorting systems, and heavy duty die forging hydraulic presses to support the development of the country. Import of some key parts and components and raw materials are exempted from customs duties and import value-added tax.

As of January 1, 2011, the items listed in Article 3 of the Interim Provisions on the Import Tax Policy for Major Technical Equipment of Annex No. 55 to the Financial Tariff [2009] and the enterprises listed in the Annex to this Circular for Imports of Self-use Equipment and the following contract Imports of technology and accessories and spare parts for equipment shall be levied on import taxes.

This is the second time this year that the relevant departments in China have adjusted the import taxation policy for major technical equipment. Before this, in April of this year, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation issued notices to adjust the equipment catalogue and commodity list attached to the provisional regulations for China's import taxation policy for major technical equipment.