- 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.
Latest Posts in "China"
- Shell Companies Exploit Agricultural Tax Benefits, Issue Fraudulent Invoices Worth 30 Billion Yuan
- Chengdu Tax Bureau Investigates Sichuan Logistics Firm for VAT Fraud and Tax Evasion
- Pingtan Tax Bureau Cracks Down on Agricultural Tax Fraud and Fake VAT Invoice Scheme
- China’s New VAT Refund Policy for Taxpayers Begins September 2025
- China Expands Consumption Tax to Include More Ultra-Luxury and New Energy Vehicles