Circular of the Ministry of Finance, the State Administration of Taxation of thePeople’s Republic of China, on Some Policies Specified for Excise Duties

China import & export Policy  2006-11-13 11:02:01

The Financial Offices (Bureaus) in all the provinces, autonomous regions, municipalities and separately listed cities, State Administration of Taxation and financial bureaus of Xinjiang Production and Construction Corps:      Matters concerning some policies specified for excise duties are notified as follows:      1. The incidence of taxation for some oil products   2. The definition of refitting vehicles   3. The definition of solid wood recombination floor   4. The taxation on simple processing of sub-packaging the lubricating oil into small shares and marking brands   5. In the purchase of naphtha as the materials, if the taxable consumer goods and non-taxable consumer goods are produced in the same production process, the accounting method of the substitution volume of the paid consumer tax   6. Settlement method of the deficiency substitution part in the case that the paid consumption tax is more than the taxable amount   7. The incidence of taxation for medium and light commercial vehicle      Ministry of Finance   State Administration of Taxation   August 30, 2006