Laws of the People's Republic of China

Circular of the State Administration of Taxation, the Ministry of Finance and the People's Bank of China Concerning Matters on Collecting Vehicle Purchase Tax

Guo Shui Fa [2007] No.16

The state tax bureaus and public finance departments (bureaus) of each province, autonomous region, municipality directly under the Central Government and city specifically designated in the state plan, Shanghai Headquarters of the People's Bank of China, each branch, business management department, central sub-branch of the People's Bank of China in provincial capital cities, central sub-branches in Dalian, Qingdao, Ningbo, Xiamen and Shenzhen:

The relevant matters on issuing tax receipts and refunding taxes from the state treasury that are involved during the implementation of the collection and management system for vehicle purchase tax are hereby clarified as follows:

1.

Matters on issuing the receipts of the vehicle purchase tax paid through direct finance payment

As regards an vehicle-purchase entity adopting a direct finance payment method and paying vehicle purchase tax through the financial zero balance account, where the name of the actual taxpayer recorded in the tax payment certificate is not consistent with the payment account name, the column of code of the payment-making entity (individual) of the General Payment Letter for Taxation shall be filled with the taxpayer identification number of the actual taxpayer (the taxpayer's identification number shall be "area code + organizational code as created by the national technical supervision department"), the column of full name of the paying entity (individual) shall be filled with the full name of the financial zero balance account" and "(full name of the taxpayer)", the column of bank of deposit and the column of account number shall be respectively filled with the bank of deposit and account number of the financial zero balance account.

2.

Matters on refunding taxes from the state treasury

The tax authorities shall, when handling the business of refunding vehicle purchase tax from the state treasury, issue a Tax Revenue Refund Notice and submit it to the state treasury. As regards the tax paid through a financial zero balance account, it shall be refunded to such account; where the tax is paid by a taxpayer through transferring from the taxpayer's account at the bank of deposit, it shall be refunded to such account; if the refund of tax is made in cash to individuals, the related provisions of the Urgent Circular of the State Administration of Taxation, the People's Bank of China and the Ministry of Finance on Refunding Tax in Cash (Guo Shui Fa [2004] No. 47) shall apply.

Each tax authority, public finance department, state treasury of the people's banks and commercial bank of each locality shall, when collecting vehicle purchase taxes and turning them over to the state treasury, intensify cooperation, enhance working efficiency and guarantee that vehicle purchase tax may be turned over to the state treasury timely and safely.

The State Administration of Taxation

The Ministry of Finance

The People's Bank of China

February 12, 2007