China News Service, Beijing, March 29 (Reporter Liu Yuying) The Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation announced on the 29th the import taxation policy to support the development of the integrated circuit industry and the software industry.
Circumstances exempted from import tariffs include: logic circuit and memory manufacturers with integrated circuit line widths less than 65 nanometers, and special process integrated circuit manufacturers with line widths less than 0.25 microns, imported into China’s own production that cannot be produced or whose performance cannot meet the demand. Natural raw materials, consumables, special building materials for clean rooms, supporting systems and integrated circuit production equipment (including imported equipment and domestic equipment) spare parts.
Compound integrated circuit manufacturers and advanced packaging and testing companies with integrated circuit line widths less than 0.5 microns import self-use production raw materials and consumables that cannot be produced or whose performance cannot meet the demand in China.
Manufacturers of key raw materials and spare parts in the integrated circuit industry import self-use production raw materials and consumables that cannot be produced in China or whose performance cannot meet demand.
Manufacturers of photoresist, mask, 8 inches and above silicon wafers for integrated circuits, importing special construction materials, supporting systems and production equipment (including imported equipment and domestic equipment) parts and accessories for clean rooms that cannot be produced or whose performance cannot meet the needs in China Wait.
According to industrial development and technological progress, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation will work with the National Development and Reform Commission and the Ministry of Industry and Information Technology to make timely adjustments to the types of relevant characteristic crafts and key raw materials and parts.
The National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, the General Administration of Customs, and the State Administration of Taxation have formulated and jointly issued the key raw materials for integrated circuit manufacturers, advanced packaging and testing companies and the integrated circuit industry that enjoy import tariff exemption. A list of spare parts manufacturers, as well as a list of key integrated circuit design companies and software companies encouraged by countries that enjoy import tariff exemption.
Duty-free importing enterprises shall go through the procedures for tax reduction or exemption on imported goods in accordance with relevant customs regulations.
The above policies will be implemented from July 27, 2020 to December 31, 2030.
From July 27, 2020 to 30 days after the first batch of duty-free import enterprises list is issued, the duty-free taxes that have been collected will be refunded.
(Finish)