制造业等4个行业继续实施全额退还留抵税额政策

Core Points - The Ministry of Finance and the State Taxation Administration announced improvements to the tax refund policy for retained input VAT, adjusting refund ratios and conditions for certain industries to enhance policy precision and support key sectors [1] - The new policy continues to implement full monthly refunds for retained tax amounts in manufacturing, scientific research and technical services, software and information technology services, and ecological protection and environmental governance industries starting from the September VAT declaration period [1] - Other industries will have specific conditions and ratios for tax refunds, allowing eligible taxpayers to fully repay previously obtained retained tax refunds or opt for immediate collection or deferred refunds [1] - The policy shift reflects a transition from a "universal benefit" approach to a "targeted support" strategy, focusing on key areas such as manufacturing, technological innovation, and green development [1] - The policy maintains the existing tax refund measures for the real estate sector, ensuring continuity and supporting the stabilization of the real estate market [1] - Other industries will no longer benefit from large-scale temporary tax refund policies, reverting to the retained tax refund system established in 2019 [1]