增值税留抵退税政策再升级！专家解读：有哪些“变”与“不变”？

Core Viewpoint - The Ministry of Finance and the State Taxation Administration have announced improvements to the VAT refund policy for retained tax credits, particularly benefiting manufacturing, scientific research, technology services, software, and environmental protection industries, with full monthly refunds starting from September 2025 [1][2]. Group 1: Policy Changes - The new policy allows for full monthly refunds of retained tax credits for specific industries, while other sectors will have refunds based on certain conditions and ratios [1][2]. - The policy aims to address the mismatch between input costs and sales revenue timing, which leads to retained tax credits [1]. Group 2: Conditions for Refund - To qualify for the VAT refund, most taxpayers must have a retained tax credit greater than zero for six consecutive months, with the sixth month's retained amount needing to exceed 500,000 yuan compared to the previous year [2]. Group 3: Policy Flexibility - Taxpayers can choose between the VAT refund or an immediate tax collection policy, but once selected, they cannot change their choice for 36 months, promoting rational decision-making and reducing implementation costs [3].