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Chinese photovoltaic October will be 50% of VAT is carried out policy of the ministry of finance
addtime：2017.02.20
On September 29 - China's ministry of finance and state administration of taxation issued a notice on Sunday, said to encourage the use of solar power, promoting the healthy development of relevant industries photovoltaic October will be 50% of VAT is carried out. Published in the ministry of finance website notice that since October 1, 2013 to December 31, 2015, the taxpayer sales produced using solar power products, 50% of VAT is carried out. At the end of last year, the state council executive meeting clearly put forward to perfect the mechanism of central finance capital support the development of the photovoltaic (pv), photovoltaic power station project execution with the same wind value-added tax preferential policies. But in 2008, according to the ministry of finance, state administration of taxation issued by notice, using wind to produce electricity, 50% VAT is carried out. In the middle of July, the state council issued the several opinions to promote the development of photovoltaic industry health, said the 2013-2015, an annual new photovoltaic power installed capacity of 10 million kw in 2015 with a total installed capacity of 35 million kw or more. Significantly reduce the cost of photovoltaic power generation, maintain reasonable photovoltaic products in the international market.
