财政部 税务总局关于完善增值税期末留抵退税政策的公告财政部 税务总局公告2025年第7号

Core Viewpoint - The announcement aims to improve the VAT refund policy for end-of-period tax credits, allowing eligible taxpayers to apply for refunds under specific conditions starting from September 2025 [3][9]. Group 1: Eligible Industries - Eligible industries for monthly VAT refund applications include manufacturing, scientific research and technical services, software and information technology services, and ecological protection and environmental governance [3][5]. - Real estate developers can apply for a refund of 60% of the newly increased tax credits if they meet specific conditions related to their tax credits over the past six months [3][4]. - Other taxpayers can apply for a proportional refund based on the newly increased tax credits compared to the previous year's end-of-period tax credits, with a refund rate of 60% for amounts up to 100 million and 30% for amounts exceeding that [4][25]. Group 2: Conditions for Application - Taxpayers must have a credit rating of A or B and must not have committed tax fraud or been penalized for tax evasion in the past 36 months [4][20]. - Taxpayers must not have enjoyed VAT refund policies since April 1, 2019, unless they have returned previously received refunds [4][18]. Group 3: Calculation of Refund Amounts - The refund amount for eligible taxpayers is calculated based on the end-of-period tax credits and the proportion of deductible input tax [31][32][33]. - For manufacturing and eligible industries, the formula is: Refundable tax credits = End-of-period tax credits × Input tax proportion × 100% [31]. - For real estate developers, the formula is: Refundable tax credits = Newly increased tax credits compared to March 31, 2019, × Input tax proportion × 60% [32]. - For other taxpayers, the formula is: Refundable tax credits = (Newly increased tax credits up to 100 million) × Input tax proportion × 60% + (Newly increased tax credits exceeding 100 million) × Input tax proportion × 30% [33]. Group 4: Transition and Compliance - Taxpayers who have received VAT refunds since April 1, 2019, cannot apply for immediate VAT refunds unless they return the previously received amounts [37]. - Taxpayers with both VAT debts and end-of-period tax credits will have their refundable amounts calculated after offsetting the debts [39].