-
AboutUpholding the guiding ideology of using the association as a platform, centering on member units, and taking industry development as our responsibility, we fully leverage the initiative of the association to create a fair, transparent, and efficient industry organization led by the enterprises.
-
NewsUpholding the guiding ideology of using the association as a platform, centering on member units, and taking industry development as our responsibility, we fully leverage the initiative of the association to create a fair, transparent, and efficient industry organization led by the enterprises.
-
ResearchUpholding the guiding ideology of using the association as a platform, centering on member units, and taking industry development as our responsibility, we fully leverage the initiative of the association to create a fair, transparent, and efficient industry organization led by the enterprises.
-
EventsUpholding the guiding ideology of using the association as a platform, centering on member units, and taking industry development as our responsibility, we fully leverage the initiative of the association to create a fair, transparent, and efficient industry organization led by the enterprises.
-
MembersUpholding the guiding ideology of using the association as a platform, centering on member units, and taking industry development as our responsibility, we fully leverage the initiative of the association to create a fair, transparent, and efficient industry organization led by the enterprises.
The Ministry of Finance and the State Administration of Taxation issued document [Cai Shui (2015) No. 78]
Release time:
16 Jun,2015
On July 16, the Ministry of Finance and the State Administration of Taxation issued the Notice on the Catalog of Value-Added Tax Preferential Policies for Resource Comprehensive Utilization Products and Services (Cai Shui [2015] No. 78). The new policy came into effect nationwide on July 1, 2015, and simultaneously repealed the following documents: Notice of the Ministry of Finance and the State Administration of Taxation on Value-Added Tax Policies for Resource Comprehensive Utilization and Other Products (Cai Shui [2008] No. 156), Notice of the Ministry of Finance and the State Administration of Taxation on the Supplement to the Value-Added Tax Policies for Resource Comprehensive Utilization and Other Products (Cai Shui [2009] No. 163), Notice of the Ministry of Finance and the State Administration of Taxation on Adjusting and Improving the Value-Added Tax Policies for Resource Comprehensive Utilization and Services (Cai Shui [2011] No. 115), and Notice of the Ministry of Finance and the State Administration of Taxation on the Emission Standards for Taxpayers Enjoying Value-Added Tax Preferential Policies for Resource Comprehensive Utilization (Cai Shui [2013] No. 23). Before the repeal of the above-mentioned documents, taxpayers who failed to handle relevant tax refund (exemption) matters due to the cancellation of the "Resource Comprehensive Utilization Certification" by the competent authority or the failure of the environmental protection department to issue environmental verification documents, may continue to enjoy the preferential policies stipulated in the above-mentioned documents without the "Resource Comprehensive Utilization Certification" or environmental verification documents as a condition for enjoying tax preferential policies.
The main regulations for the precious metal recycling industry are:
Name of Resources for Comprehensive Utilization ： Spent catalysts, electrolytic waste, electroplating waste, waste printed circuit boards, flue dust, wet mud, smelting slag, printed circuit board etching waste liquid, tin foil ash
Name of Comprehensive Utilization Products and Services ： Metals, alloys and metal compounds produced by smelting, refining or compounding (excluding iron and ferroalloys), cryolite
Technical Standards and Related Conditions ： 1. 70% of product raw materials come from the listed resources;
2. Taxpayers must pass ISO9000 and ISO14000 certifications.
Tax Refund Ratio : 30%
The introduction of the new financial and tax policy has a significant impact on enterprises in the precious metal resource comprehensive utilization industry that previously enjoyed tax refund policies. Compared with the original policy, the scope of products has been expanded, standards have been relaxed, raw materials have been added and refined, quantification has been clarified, and the tax refund ratio has been reduced from 50% to 30%.
Please pay close attention to policy changes, strictly implement the new policy, analyze and evaluate the potential impact, formulate effective preventive measures, control the quantity, time and price of incoming materials, reduce losses and mitigate risks.
Key words:
Related Content
Service Hotline:+86-17695938506
E-mail：info@cpmic.org
Address: B329, Block B, Longyuan Cultural and Creative Building,
Sihui East, Chaoyang District, Beijing
Thank Jinchuan Group, Northam Platinum, Anglo American, and other image contributors for their significant support in the construction of the website.