GACC Announcement No.30, 2017 on Foreign-Invested Industries Directory (2017 Revision) Matters
[2017-07-21 11:34:07]
Recently, the National Development and Reform Commission (NDRC) and the Ministry of Commerce (MOFCOM) have jointly promulgated the “Directory of Foreign-Invested Industries in China (2017 Revision)” to take effect on 28 July 2017. Hereby announced are the matters regarding Customs implementation of this 2017 Directory:
1. As from 28 July 2017, regarding the state-encouraged projects within this 2017 Directory, the specified importing self-use equipment, technologies and spare parts, except those made taxable by specific catalogs, shall be exempt from import duties as per State Council Notice of GUOFA [1997] No. 37 and GACC Announcement No. 103 of 2008; however, their import VAT shall remain.
2. Upon implementation of this 2017 Directory, relevant administrative documents such as Project Confirmation, Setup Approval or Registration Receipt shall have the “Project Industrial Policy Entry” coded as “S” plus four digits: for example, the 1st entry should be coded S0001 and the 16th entry should be S0016.
3. Regarding the foreign-invested projects approved or registered prior to 28 July 2017, where belonging to the state-encouraged ones within the 2015 Revision of such Directory, the specified importing self-use equipment, technologies and spare parts may still be exempt from import duties, but relevant project owners must, before 1 August 2018, apply to the Customs for tax-relief permission by submitting administrative documents as Project Confirmation, Setup Approval or Registration Receipt; without the time limit, the Customs will no longer accept the tax-relief application.
Regarding the foreign-invested projects approved or registered prior to 28 July 2017, where belonging to the state-encouraged ones within this 2017 Directory, the Customs may accept the tax-relief application from relevant project owners with administrative documents as Project Confirmation, Setup Approval or Registration Receipt.
4. Regarding the under-construction projects without the 2015 Directory but within this 2017 Directory, after the project owners apply to the Customs for the tax relief, the specified importing self-use equipment, technologies and spare parts may also be exempt from import duties, but the paid duties/tax shall not be refunded.
General Administration of Customs of China (GACC)
July 18, 2017
1. As from 28 July 2017, regarding the state-encouraged projects within this 2017 Directory, the specified importing self-use equipment, technologies and spare parts, except those made taxable by specific catalogs, shall be exempt from import duties as per State Council Notice of GUOFA [1997] No. 37 and GACC Announcement No. 103 of 2008; however, their import VAT shall remain.
2. Upon implementation of this 2017 Directory, relevant administrative documents such as Project Confirmation, Setup Approval or Registration Receipt shall have the “Project Industrial Policy Entry” coded as “S” plus four digits: for example, the 1st entry should be coded S0001 and the 16th entry should be S0016.
3. Regarding the foreign-invested projects approved or registered prior to 28 July 2017, where belonging to the state-encouraged ones within the 2015 Revision of such Directory, the specified importing self-use equipment, technologies and spare parts may still be exempt from import duties, but relevant project owners must, before 1 August 2018, apply to the Customs for tax-relief permission by submitting administrative documents as Project Confirmation, Setup Approval or Registration Receipt; without the time limit, the Customs will no longer accept the tax-relief application.
Regarding the foreign-invested projects approved or registered prior to 28 July 2017, where belonging to the state-encouraged ones within this 2017 Directory, the Customs may accept the tax-relief application from relevant project owners with administrative documents as Project Confirmation, Setup Approval or Registration Receipt.
4. Regarding the under-construction projects without the 2015 Directory but within this 2017 Directory, after the project owners apply to the Customs for the tax relief, the specified importing self-use equipment, technologies and spare parts may also be exempt from import duties, but the paid duties/tax shall not be refunded.
General Administration of Customs of China (GACC)
July 18, 2017
Source: ETCN
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