Laws of the People's Republic of China

Circular of the State Administration of Taxation on Relevant Taxation Policy on Export of Products Containing Gold

Guo Shui Han [2006] No. 812

Bureaus of State Taxation in all provinces, autonomous regions, municipalities directly under the Central Government and cities specially designated in the State plan:

After the release of the Supplementary Circular of the State Administration of Taxation on Relevant Issues concerning the Carrying-out of a Tax- Exemption Policy for the Export of Products Containing Gold (Guo Shui Fa [2006] No. 10), reflections from some regions are received in succession, demanding to continue the carrying-out of an export rebate (exemption) policy on several kinds of products which are integrated into the Customs Commodity Codes of 3824909090 etc. and contain no gold or platinum. And after studies, a circular is hereby given as follows:

Article 1

Export products under the Commodity Code of 3824909090 shall continue to be subject to carry out an export rebate (exemption) policy as of May 1, 2005.

The taxation authorities in all regions shall strengthen the examination, verification, approval and supervision over export products under this duty paragraph, and shall, if gold, platinum and other products containing gold and platinum are detected to be exported under this duty paragraph, timely inform the State Administration of Taxation and handle in accordance with the official replies from the State Administration of Taxation. Meanwhile, an early-warning analysis shall be strengthened, if an abnormally radical increase in the export amount of export commodities under this duty paragraph is detected, a complete examination and verification shall be conducted on the relevant export enterprise and supplier enterprise. And with regard to those whose suspicion of tax fraudulency is excluded, the formalities of tax rebate (exemption) shall be handled, otherwise, such formalities shall not be handled temporarily.

Article 2

Tin wires for arc welding and tin welding under the Commodity Code of 71159090 shall continue to be subject to carry out an export rebate (exemption) policy as of May 1, 2005.

Article 3

With regard to these aforesaid products which exceed the period for declaration of tax rebate, the taxation authorities in all regions shall handle the declaration of tax rebate of export enterprises as normal.

State Administration of Taxation

August 22, 2006