Exempt from vat

Those who fail to reach the threshold will also be exempted from value-added tax. The right to reduce VAT is in the State Council, and no region or department has the right to reduce VAT. However, the provincial tax bureaus can determine the applicable threshold according to the local actual situation within the prescribed scope. In addition to the above-mentioned statutory tax exemption, with the approval of the State Council, the Ministry of Finance, State Taxation Administration of The People's Republic of China and other ministries have successively issued documents stipulating some new relief items, including:

1, the processing plants and workshops attached to infrastructure units and enterprises engaged in construction and installation business, and the prefabricated components manufactured at the construction site are directly used in the construction projects of the unit or the enterprise, and the value-added tax is not levied.

2. Sales of master films, video tapes and audio tapes due to copyright transfer, and sales of computer software due to ownership transfer of patented technology and non-patented technology are not subject to VAT.

3. If the copyright and ownership of computer software products registered by the National Copyright Administration are transferred at the time of sale, business tax shall be levied, and value-added tax shall not be levied.

4. The supply or exploitation of unprocessed natural water, such as the supply of water for agricultural irrigation by reservoirs and the use of underground water by factories for production, is not subject to VAT.

5. Value-added tax is not levied on the income from the sales of telephone directory business by the telecommunications department and its subordinate telephone directory companies.

6. Military materials sold to the army, military police are exempt from value-added tax; Steel, timber, cement, boilers and other goods. Those produced by enterprises affiliated to the military and armed police system and allocated or sold within the system shall be exempted from value-added tax; Special equipment, instruments and their parts imported by the army, armed police and military system units with the approval of the General Logistics Department and the Commission of Science, Technology and Industry for National Defense are exempt from import value-added tax; Police dogs imported by armed police and public security departments are exempt from import value-added tax.

7. Disabled articles are exempt from value-added tax; Processing, repair and replacement services provided by the disabled are exempt from value-added tax; Special imported goods for the disabled are exempt from import value-added tax.

8, the use of waste residue production of building materials products, exempt from VAT.

9. Imported scientific research and teaching books and periodicals sold by China Book Import and Export Corporation to scientific research institutions and institutions of higher learning shall be exempted from VAT.

10, the rural power grid maintenance fee charged by the rural power management station is exempt from value-added tax.

1 1, agricultural means of production such as agricultural films, seeds, seedlings, fertilizers, pesticides and agricultural machinery are exempt from value-added tax; Fertilizers and pesticides imported within the national plan shall be exempted from import value-added tax.

12. State-owned grain enterprises that undertake purchasing and storage tasks sell grain, while other grain enterprises sell military grain, disaster relief grain, grain for reservoir resettlement and edible vegetable oil reserved by the government, which are exempt from VAT.

13. Blood for clinical use supplied by blood stations to medical institutions is exempt from VAT.

14, the preparations produced and used by non-profit medical institutions are exempt from VAT; For-profit medical institutions are exempt from value-added tax for 3 years.

15. Gold allocated by the People's Bank of China according to the international market price is exempt from VAT.

16, gold production and sales units sell gold (excluding AU9999, AU9995, AU999, au 995；; Standard gold with specifications of 50g, 100g, 1kg, 3kg, 12.5kg) and gold ore (including associated gold) are exempt from VAT.

17. member units of the gold exchange sell standard gold through the gold exchange, and those without physical delivery are exempt from value-added tax; For physical delivery, the tax authorities shall issue special invoices for value-added tax according to the actual transaction price, implement the policy of immediate collection and refund of value-added tax, and be exempted from urban maintenance and construction tax and education surcharge.

18. Imported gold (including standard gold) and gold ore (including associated ore) are exempted from import value-added tax.

19. The grain, edible vegetable oil, vegetables, meat, poultry, eggs, condiments and canteen tableware provided by university logistics entities for university teachers and students are exempt from VAT; The export income of university logistics entities providing fast food to other universities shall be exempted from VAT.

Taxable products (excluding consumption tax taxable products) produced by school-run enterprises for teaching and scientific research in our school are exempt from value-added tax.

2 1. Four asset management companies, including China Cinda, Huarong, Great Wall and Dongfang, established with the approval of the State Council, and their branches accepted the bad debts of relevant state-owned banks. If the borrower uses goods, real estate, intangible assets, securities and bills to offset the principal and interest of the loan, the asset company is exempted from the payment of selling or transferring goods, real estate, intangible assets, securities and bills, and engaging in financial leasing business with goods and real estate.

22. The business of repairing freight cars for this system by internal units of the railway system shall be exempted from value-added tax.

23, the waste materials recycling business units to sell their acquisition of waste materials, exempt from value-added tax.

24. Goods purchased in China with free assistance from foreign governments and international organizations are exempt from value-added tax.

25. Official articles imported from embassies and consulates in China, articles for personal use imported by diplomatic representatives and articles imported by administrative and technical personnel of embassies and consulates within six months after their arrival shall be exempted from import value-added tax.

26. The ship repair business of COSCO Group is exempt from VAT.

27. Sports equipment and special clothing for competitions imported by national professional sports teams or donated or sponsored by international organizations and foreign countries shall be exempted from import value-added tax.

28. Sleepers and precast cement components processed and produced by the bid-winning processing and production enterprises in the construction of Qinghai-Tibet Railway are exempt from value-added tax.

29. The income from the auction organized by the government or the sale of materials donated by the SAR by designated institutions shall be exempted from VAT.

30. Food, medicines, daily necessities and rescue tools donated by foreign organizations, enterprises and individuals to China are exempt from import value-added tax.

3 1. The value-added tax on urea products produced and sold by domestic enterprises is adjusted from 50% after collection to temporary exemption from value-added tax.

32. Commodities with daily value less than RMB 65,438+0,000 imported by border residents in border areas through mutual trade shall be exempted from import value-added tax.

33. Self-caught aquatic products and their processed products caught by fishing boats of offshore fishing enterprises on the high seas or in foreign waters are exempted from import value-added tax if they are shipped back to China for sale.

34. Aircraft (including leased aircraft) imported by airlines directly under CAAC and local airlines during the Ninth Five-Year Plan period will be temporarily reduced by 6%.

35. Value-added tax will be levied on the electricity produced by coal mine stone, cinder, oil shale, wind power generation and some new wall materials listed by the state by half.