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	NOTICE OF THE STATE ADMINISTRATION OF TAXATION REGARDING FOREIGN-FUNDED ENTERPRISES DOMESTICALLY-MADE EQUIPMENT PURCHASES TAX REFUND

	(Letter No.197 [2002] of the State Administration of Taxation promulgated on March 11, 2002)


SUBJECT : VALUE-ADDED TAX; TAX REFUND; FOREIGN-FUNDED ENTERPRISES ; DOMESTICALLY-MADE EQUIPMENT PURCHASES
ISSUING DEPARTMENT : STATE ADMINISTRATION OF TAXATION
ISSUE DATE : 03/11/2002
IMPLEMENT DATE : 03/11/2002
LENGTH : 237 words
TEXT :

We have recently received the Letter on Request for Solving the Problem of Refund of Value-added Tax for Domestic Equipment Purchases of Foreign-funded Enterprises from the Ministry of Foreign Trade and Economic Cooperation (Letter No.983 [2001] of the MOFTEC), which reflects that some foreign-funded enterprises are unable to make the registration to get refund of tax because they fail to provide the "copy of project approval letter of the MOFTEC" when they handling the refund of tax for their domestic equipment purchases. As we have known after investigation, apart from being directly examined and approved by the MOFTEC, investment projects of foreign-funded enterprises may also be examined and approved by the departments in charge of foreign trade and economic cooperation according to the relevant laws and regulations. In consideration of the above mentioned circumstances and in order to facilitate foreign-funded enterprises to handle refund of tax for their purchases of domestic equipment, the contents "copy of the project approval letter of the MOFTEC" of the fifth paragraph of Article 6 of Chapter 3 of the Notice of the State Administration of Taxation on Printing and Distribution of the Trial Measures for the Administration of Refund of Tax for Domestic Equipment Purchases of Foreign-funded Enterprises (No.171 [1999] of the SAT) are hereby modified as "copy of the project approval letter of the MOFTEC and the departments in charge authorized thereby". The contents of other terms shall remain unchanged.