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	SUPPLEMENTARY NOTICE OF THE STATE ADMINISTRATION OF TAXATION CONCERNING THE TAX-EXEMPTION POLICIES FOR THE EXPORT OF PRODUCTS CONTAINING GOLD

	(No. 10 [2006] of the State Administration of Taxation promulgated on January 20, 2006 and shall have come into force as of May 1, 2005)


SUBJECT : EXPORT REBATE; PRODUCTS CONTAINING GOLD
ISSUING DEPARTMENT : STATE ADMINISTRATION OF TAXATION
ISSUE DATE : 01/20/2006
IMPLEMENT DATE : 05/01/2005
LENGTH : 412 words
TEXT :

Considering the problems in the implementation of the Notice of the State Administration of Taxation about the Tax Policies on the Export of Products Containing Gold (No. 125 [2005] of the State Administration of Taxation), a supplementary notice is given as follows:

I. From May 1, 2005, for the export goods (See the concrete list in the Annex) of which the customs commodity codes are 3824909090, 7115901090, 7114200090, 71110000 and 28439000 but which don't contain gold or platinum, the export tax rebate (exemption) policies shall continue to apply. For the aforesaid goods already exported prior to the issuance of this Notice, if the time limit for export tax rebate declaration has expired, the tax organs of all places shall accept the tax rebate declarations of the export enterprises. During the course of examining and approving the export tax rebate, none of the tax organs may complete the tax rebate formalities unless it, upon strict examination, is sure that the above-mentioned goods do not contain any gold or platinum. For other goods which are under the above-mentioned customs commodity codes but which do not contain gold or platinum, the State Administration of Taxation shall first conduct a strict examination, then put forward handling opinions and finally submit formal documents to the State Administration of Taxation for approval.

II. With regard to the export products containing gold (including gold and platinum) other than those under the commodity codes listed in the document No. 125, for instance, as of May 1, 2005 the platinum watchband of "valuable metal watchband" under the commodity code "91131000" shall be subject to the value-added tax exemption policy according to the document No. 125. Article 6 of the Notice of the Ministry of Finance and State Administration of Taxation about the Tax Policies on Platinum and Its Products (No. 86 [2003] of the Ministry of Finance), which provides that "the export tax rebate does not apply to the input value-added tax on the part of the raw material of platinum of the export platinum products, the tax rebate only applies to the processing fee in the processing link of platinum products on the basis of the prescribed tax rebate rate", shall not be implemented as of May 1, 2005.

III. The products containing gold or platinum, which are exported in the form of processing with imported materials, shall be exempt from the value-added tax according to the document No. 125.

Annex: Statistic Form of Products Not Containing Gold (Platinum) (omitted)