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BEIJING, March 12 (Xinhua) -- China's Ministry1 of Finance (MOF) has revised a list of major items of technical equipment enjoying import-tax exemption2, according to a circular issued by the body on Monday.
Chinese manufacturers of items of large technical equipment have been exempted3 from customs duties and import value-added tax for the necessary import of crucial equipment parts and raw materials since July 1, 2009, according to the MOF.
The ministry has made the revisions "based on the development of relative industries and taking into consideration suggestions from industry authorities, associations and enterprises," according to the circular.
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1 ministry | |
n.(政府的)部;牧师 | |
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2 exemption | |
n.豁免,免税额,免除 | |
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3 exempted | |
使免除[豁免]( exempt的过去式和过去分词 ) | |
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4 refinery | |
n.精炼厂,提炼厂 | |
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5 detailed | |
adj.详细的,详尽的,极注意细节的,完全的 | |
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