Tax refund (exemption) regulations for mechanical and electrical products won in 2005


In accordance with the national industrial policy and the policy of introducing industries, products and technologies that encourage development, China's foreign investment projects that are in line with the encouraged and restricted categories in the Foreign Investment Industrial Guidance Objectives are in line with the industries currently encouraged by the national industrial policy. The domestic investment projects of the Product and Technical Targets, as well as the use of foreign government loans and international financial organization loan projects, are exempted from the import of self-use equipment required for the above projects and the technical and quantity of matching parts and spare parts imported with the equipment according to the contract. Tariffs and import-related value-added tax, due to the above-mentioned items granted tax exemption, in order to encourage domestic enterprises to participate in international equal competition, China has formulated the use of foreign government loans and international financial organization loans using international bidding domestically won the mechanical and electrical products to give tax rebate policy provisions. After the implementation of the new tax system, due to the state's taxation policy on imported goods, the tax reduction and exemption of some imported products was abolished. Correspondingly, according to the spirit of the State Council's Guofa [1994] No. 064, January 1995 From the 1st, the tax refund regulations for mechanical and electrical products were cancelled. In 1997, the state decided to exempt the import tariffs and value-added tax on equipment that used international government loans and international financial organization loans. In order to balance the tax burden of Chinese enterprises and foreign enterprises, since January 1, 1998, China has resumed the tax rebate for the winning mechanical and electrical products.


First, the concept of winning mechanical and electrical products


The winning bid for mechanical and electrical products refers to the use of international financial organizations, including the International Monetary Fund, the World Bank (including the International Bank for Reconstruction and Development, the International Development Association), the United Nations Agricultural Development Fund, the Asian Development Bank and foreign government loans, without conditions attached to the International Cooperation Bank. Loans (that is, the original Japanese import and export bank funds) are treated as government loans. Bidding organized by the Chinese tendering organization in the international arena, domestic production enterprises, foreign trade enterprises or industrial and trading companies won the bid to produce or commission production, processing or acquisition of mechanical and electrical products. The electromechanical products that are subcontracted by foreign companies to domestic enterprises are regarded as the winning bids for mechanical and electrical products.



Second, the scope of the winning mechanical and electrical products


(1) The mechanical and electrical products that won the bid before September 30, 2000 shall be subject to the Catalogue of Import and Export of Mechanical and Electrical Products formulated by the Ministry of Foreign Trade and Economic Cooperation.


(2) After October 1, 2000, the mechanical and electrical products subject to tax refund, including machinery, electronics, transportation tools, optical instruments (Chapter 84-90 of Customs Export Commodity Code), loudspeakers (Customs Export Commodity Code 9207), Medical chair lift (customs export commodity code 9402), seat (customs export commodity code 94011-94013), electric toy (customs export commodity code 95038), electronic game machine (customs export commodity code 95041), game supplies (customs export goods) Code 95043), other electronic game machines (customs export commodity code 9504901), other game supplies (customs export commodity code 95049090), sports equipment (customs export commodity code 95069), playground equipment (customs export commodity code 9508).


Third, the procedures required for the bidding unit


For projects that use foreign government loans and international financial organization loans, the bidding unit must report the nature, scale, and project of the loan to the State Administration of Taxation after approval by the local tax bureau, and the target mechanical and electrical products can be refunded.


After the bidding is completed, the bidding unit shall fill in the “Notice of Successful Certification” and report it to the local tax authority. After signing the opinion, the taxation authority shall directly send it to the taxation authority where the winning bidder is located. The tax authority of the winning bidder may only be relevant according to the State Administration of Taxation. The policy provides for tax refunds.


4. Tax refund procedures for successful bidders


The use of international financial organizations or foreign government loans, the use of international tendering methods, the mechanical and electrical products sold by domestic enterprises won the bid, the enterprise should pay the tax refund to the local tax authorities that export tax rebates after the acceptance of the winning goods. At the same time as submitting the Export Tax Return (Exemption) Tax Return, the following certificates and materials should also be provided:


1. The "Notice of Successful Certification" issued by the China Tendering Company or other domestic tendering organizations (original);


2. The supply contract signed by the winning bidder and the Chinese tendering company or other domestic tendering organizations. If the winning bidder is a foreign trade enterprise, it shall also provide an acquisition contract (or agreement) with the supplier;


3. The purchase of special VAT invoices for mechanical and electrical products, the payment (exclusive goods for export) payment books or the export goods tax payment division, the sales invoices or ordinary invoices for the sales of mechanical and electrical products by the winning bidders;


4. The delivery list provided by the successful bidder to the user in accordance with the requirements of the tender and the supply contract;


5. In addition to providing the above documents, the enterprise that subcontracts the winning project shall also provide a subcontract (agreement) signed with the winning bidder.
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.

High Voltage Linear Power Supplies

HVLP series Linear High Voltage Power Supplies are High-voltage DC Power Supplies that achieve AC/DC conversion through power frequency transformers and transistor loop control. Compared with switching high voltage power supplies, linear high-voltage power supplies have higher stability, higher accuracy, and lower output ripple. And the most important, because of the use of the power frequency AC/DC conversion principle, the linear power supply has no high-frequency radiation interference, and it is especially suitable for use in places with restrictions on EMC and EMI.


High Voltage Linear Power Supplies


The HVLP series Linear Power Supplies have a wide range of output specifications, the output power ranges from 1KW to 400KW, and the output voltage can reach up to 50KVDC, and accept customization.

The whole series linear power supply adopts industrial-grade metal chassis, pure copper AC/DC multi-insulation high-voltage transformer with varnish treatment, high-reliability multi-transistor filter loop, ensuring the power supplies can run for a long time at full load with high stability, high accuracy, and ultra-low ripple electronic characteristics, equipped with a complete protection circuit, which can better ensure the reliability of the linear power supply itself and the safety of the customer's load.
The output voltage and current can be adjusted by the 10-turn potentiometer with scale and lock on the front, equipped with 4 1/2-digit high-resolution LED meters for output value reading, and RS communication interface can also be added for remote control and monitoring of linear power supplies.

This series of linear high voltage power supplies are mainly used for gas discharge, high-voltage electronic tubes, and can also be applied for other electronic components burn-in test.
Because the output this power supply has HV, the output MUST be connected to the chassis for fixed grounding to ensure the personal safety of the user.

High-voltage Linear Power Supplies,Linear High Voltage Power Supplies, HV Linear Power Supplies, Linear HV Power Supplies, Linear HVPS

Yangzhou IdealTek Electronics Co., Ltd. , https://www.idealtekpower.com