Country:China
Year:2014 (June 3th)
Policy status:In Force
Jurisdiction:National
Date Effective:2014 (June 3th)
Policy Type:Economic Instruments>Fiscal/financial incentives>Taxes
Policy Target:Solar
Policy Sector:Electricity
Agency:State Administration of taxation
URL:http://www.chinatax.gov.cn/n2226/n2271/n2272/c735530/content.html
Description:

In case of enterprises owned by the state grid buy electricity from distributed photovoltaic project power products, can be issued by the national grid company-owned enterprises free text invoices. Photovoltaic power generation project electricity sales of power products, liable to pay value added tax in accordance with tax laws, can be used by the national grid company-owned enterprises in accordance with the simplified taxation for calculating VAT and invoices issued ordinary; according to the tax law can use exemption of VAT policy that can be issued directly by the State grid-owned enterprises with free text invoices.

Last modified: Tue, 07 Oct 2014 16:57:54 CEST