1. Customs duties and VAT at the import stage

For foreign investment projects encouraged in the Instruction Catalogue of Foreign Investment Industries, imports of equipment for self-use in the range of the total investment volume will be exempted form custom duties and the VAT at the import stage, except for commodities listed in Imported Commodities for Foreign Invested Projects without Tax Exemption.

For domestic investment projects encouraged in the Catalogue of Priority Industries, Products and Technology Encouraged Currently, the import of equipment for self-use in the range of the total investment volume will be exempt form customs duty and VAT at the import stage, except for commodities listed in Imported Commodities for Domestic Invested Projects without Tax Exemption.