Major science and technology special import tariffs and VAT

The Ministry of Finance, the Ministry of Science and Technology, the National Development and Reform Commission, the General Administration of Customs, the State Administration of Taxation and other departments have jointly issued a notice and decided that starting from July 15, 2010, enterprises and universities and research institutes that undertake major scientific and technological projects Institutions and other institutions use central government funding, local financial funds, unit self-raised funds and other channels to obtain key projects (including software tools and technologies), spare parts, and raw materials that cannot be produced in the country's capital import projects (projects). Exemption from import duties and import link value-added tax.

The above-mentioned major science and technology projects refer to the major projects of Minkou Science and Technology included in the Outline of the National Medium and Long-Term Scientific and Technological Development Plan (2006-2020), including core electronic devices, high-end general-purpose chips and basic software products, and very large scale integrated circuits. Manufacturing equipment and complete sets of technology, a new generation of broadband wireless mobile communication network, high-end CNC machine tools and basic manufacturing equipment, large-scale oil and gas fields and CBM development, large-scale advanced pressurized water reactors and high-temperature gas-cooled reactor nuclear power plants, water pollution control and treatment, and new genetically modified organisms Cultivation of varieties, creation of major new drugs, prevention and control of major infectious diseases such as AIDS and viral hepatitis.

According to the “Provisional Regulations on Import Tax Policies for Major Science and Technology Special Projects” jointly issued by the five departments, the project undertaking units that apply for enjoying preferential import tax policies shall have independent legal person qualifications, and shall also have the approval of the major science and technology leading group to undertake major special tasks. The equipment, parts and components and raw materials applied for by the project undertaker for tax-free imports shall meet three conditions: first, scientific research, technological development and application directly used for the project (subject), and the import quantity shall be within a reasonable range; second, the domestic cannot produce Or the performance of the national product can not meet the requirements, and the value is higher; Third, the main technical indicators for applying for tax-free imported equipment should generally be better than the equipment listed in the “Important Catalog for Non-Exempted Domestic Investment Projects” currently implemented.

In order to improve the efficiency of the use of fiscal funds and import taxation policies, the "Regulations" stipulate that for instruments and equipment purchased with major special funds for central finance and local financial arrangements, when applying for equipment budgets, they should actively indicate whether they are applying for import tax exemptions and related Import taxes.

According to the “Regulations”, the Ministry of Finance will work with relevant departments such as the Ministry of Science and Technology, the National Development and Reform Commission, the General Administration of Customs, and the State Administration of Taxation to research and formulate tax-free import of major science and technology major projects according to the needs of import and export materials for major science and technology projects, combined with domestic and international production conditions and supply and demand conditions. List of materials, organization and implementation of annual implementation of the policy, regular assessment of the implementation of the policy, and timely adjustment and improvement of the policy.

The "Regulations" also specify that, upon the approval of the customs, the equipment exempted from taxation by the relevant project undertaker can be used for scientific research, teaching activities, and technological development of other units. However, without the approval of the customs, the equipment imported for tax exemption shall not be removed from the original project undertaker. After completion of a major science and technology project (project), for the tax-exempt imported equipment and the remaining small amount of raw materials and spare parts that are still within the customs supervision period, the project undertaking unit may promptly apply to the local customs office for the procedures for early release of supervision, and shall not be compensated. Tax payment.