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Jiangsu: Trial Implementation of the Deduction Method for Agricultural Products in the Starch Manufacturing Industry

  • The National Taxation Bureau of Jiangsu Province and the Jiangsu Provincial Department of Finance are seeking public opinions on the draft announcement regarding the deduction method for the value-added tax input tax amount in the starch manufacturing industry.
  • The draft announcement is based on the relevant provisions of the Ministry of Finance and the State Administration of Taxation regarding the trial implementation of the deduction method for the value-added tax input tax amount in certain industries.
  • The purpose of the draft announcement is to expand the scope of the pilot industries for the deduction method for the value-added tax input tax amount in the agricultural products.
  • The National Taxation Bureau of Jiangsu Province and the Jiangsu Provincial Department of Finance welcome valuable opinions and suggestions from relevant units and the public.

Source: lexiscn.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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