China News Service, March 4th. According to the website of the Ministry of Finance, the Ministry of Finance in conjunction with the General Administration of Customs and the State Administration of Taxation recently issued the "Notice on the "Zero Tariff" Policy on Hainan Free Trade Port's Self-use Production Equipment" (hereinafter referred to as the "Notice") , It is clear that before the island-wide customs operation, the Hainan Free Trade Port registered and independent legal entity enterprises import production equipment for their own use, except for goods that are not exempted from duties by laws and regulations and related regulations, and are prohibited by national regulations, and " In addition to the equipment listed in the "Negative List of "Zero Tariff" Production Equipment for Self-use" in Hainan Free Trade Port, tariffs, import value-added tax and consumption tax are exempted.
Data map: Hainan Yangpu Port.
Photo by China News Agency reporter Luo Yunfei
The "Notice" mentioned that Hainan Free Trade Port's "zero-tariff" self-use production equipment is subject to negative list management.
Equipment that is not eligible for "zero tariff" includes: coal mining and washing industry, metal mining and dressing industry, leather tanning and processing industry, coal chemical industry, nuclear fuel processing industry, calcium carbide process polyvinyl chloride industry, metal smelting and rolling industry, and lead storage battery manufacturing Production equipment imported by enterprises such as coal industry, coal product manufacturing, nuclear radiation processing, small hydropower, coal-fired power and heat production and supply industries.
The list will be dynamically adjusted according to the actual needs and regulatory conditions of the Hainan Free Trade Port.
The "Notice" pointed out that "zero-tariff" production equipment is restricted to Hainan Free Trade Port's enterprises that meet the requirements of the policy for their own use in Hainan Free Trade Port, and they are subject to customs supervision.
If the transfer is really necessary due to the bankruptcy of the enterprise or other reasons, the customs approval and relevant formalities shall be obtained before the transfer.
Among them, if it is transferred to an entity that does not meet the requirements of the policy, it shall also pay import-related taxes as required.
Transfer of "zero-tariff" production equipment, and levy domestic value-added tax and consumption tax in accordance with regulations.
Enterprises that import "zero-tariff" production equipment for self-use and voluntarily pay import value-added tax and consumption tax can apply at the time of customs declaration.