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Sales Of Tractor Chassis Shall Not Be Tax-Free.

2007/6/25 15:24:00 40415

According to the document issued by the State Administration of Taxation on the issue of a number of tax policies on VAT (National Tax Letter No. 2001] No. 248), the first provision on the applicable tariff rate of tractor chassis is made. The chassis of the tractor belongs to agricultural machinery parts and does not belong to agricultural machinery products.

Therefore, sales of tractor chassis should be declared at 17% tax rate.

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