- Changzhou Martin New Energy Technology Co., Ltd. was investigated for fraudulently obtaining VAT credit refunds by hiding sales income and making false tax declarations from 2021 to 2022.
- The company fraudulently obtained 3.9272 million yuan in VAT refunds and underpaid 4.8629 million yuan in various taxes.
- In August 2025, authorities ordered the company to repay the refunds and taxes, pay late fees, and fines totaling 13.2738 million yuan.
- The case has been transferred to the police for further investigation due to non-payment within the required period.
- Tax authorities emphasized ongoing strict enforcement against tax fraud to maintain a fair and lawful business environment.
Source: chinatax.gov.cn
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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