The State Administration of Taxation recently released the Administrative Measures for the Refund of Value-added Tax on Made-in-China Equipment Purchased by Research & Development Institutions, effective from January 1, 2019 to December 31, 2020.
The regulation was drafted according to the Announcement on Continuing the Implementation of Value-added Tax Policies for the Purchase of Equipment by Research and Development Institutions (Issued in 2019 by the Ministry of Finance, the Ministry of Commerce and the State Administration of Taxation). When a R&D institution makes the first tax refund declaration, it shall present relevant documents to the local tax administration.