Notice of the Ministry of Finance on Adjusting Import Tax Policies for High-Power Wind Turbine Generators, Their Key Components, and Raw Materials

Provinces, autonomous regions, municipalities directly under the Central Government, and financial departments (bureaus) of cities under separate planning, the Finance Bureau of the Xinjiang Production and Construction Corps, and the financial ombudsman's office of the Ministry of Finance in each province, autonomous region, municipality directly under the Central Government, and separately planned city:

In order to implement the State Council's spirit of accelerating the revitalization of domestic equipment manufacturing industry in relation to import taxation policies, we hereby notify the relevant issues regarding the import taxation policy for high-power wind turbines and their key components and raw materials as follows:

I. According to the "Notice of the State Administration of Taxation of the Ministry of Finance of the People's Republic of China on Implementing the State Council's Measures to Accelerate the Revitalization of the Equipment Manufacturing Industry on Import Tax Policies" (Finance Tariff [2007] No. 11), since 2008 On January 1st (according to the time of import declaration), import duties and VAT on imports of key components and raw materials imported by domestic companies for the development and manufacture of high-powered wind turbines are subject to first withdrawal. Tax refunds are treated as national investments and converted into state capital funds, which are mainly used for the development and production of new products for enterprises and the building of independent innovation capabilities.

2. High-power wind turbines referred to in Article 1 of this Circular refer to wind turbines with a rated power of not less than 1.2 MW. The enterprises that apply for enjoying the import tax policy shall meet the following requirements: 1. Have the ability to design high-power wind turbines or their key components for trial production; 2. Have professional and relatively complete technical personnel; 3. Have strong digestion and absorption capacity And manufacturing capabilities; 4, there are clear market objects and large user groups; 5, in addition to the control system, converters, gear boxes, the annual sales of wind turbines should be more than 50, the annual sales of blades should be In more than 150 pieces, the annual sales of generators should be more than 50 sets, and the sales figures of the above-mentioned enterprises in the initial stage of development and production can be appropriately lowered.

Third, the list of imported spare parts and raw materials enjoying the tax refund policy is detailed in the appendix. In the future, the list of tax rebates will be adjusted in due course according to the conditions of the company's application, policy implementation, and domestic support capabilities.

4. For companies that meet the requirements of Article 2 of this Circular to import key spare parts and raw materials in the annex, they may apply for tax refund procedures in accordance with the relevant provisions of the document [2007] No. 11 on fiscal tariffs.

5. From May 1, 2008, newly-approved domestic and foreign investment projects (according to the date of approval, approval, or filing of the project, the same below) of imported wind power generating units with a rated power of no more than 2.5 MW ( Tax Code No.) The import tax exemption policy shall be ceased.

For domestic and foreign investment projects approved prior to May 1, 2008, the wind turbines with the above-mentioned specifications continued to be in accordance with the “Notice of the State Council on Adjusting the Taxation Policy for Imported Equipment” before November 1, 2008 (Gufa [1997] 37 No.) Implementation of the relevant regulations; After November 1, 2008 (including November 1), wind turbines with a rated power of no more than 2.5 MW imported into the above-mentioned project (tax code number) will cease to implement the import tax exemption policy. .

The above-mentioned non-priced imported equipment provided by the foreign-funded foreign-invested advantageous industrial projects, foreign government loan projects, and international financial organization loan projects that are imported for self-use equipment and processing trade as described above are executed in accordance with the first two paragraphs of this article.