Core Viewpoint - The article discusses the tax incentives provided by the Chinese government to support the development of the manufacturing industry, specifically focusing on the value-added tax (VAT) refund policy for resource recycling products and services. Tax Incentives for Manufacturing - The VAT refund policy for resource recycling products and services is applicable to qualified VAT taxpayers who sell self-produced resource recycling products or provide related services [1][3]. - This policy has been in effect since July 1, 2015, and continues to support eligible taxpayers [2]. Eligibility Criteria - Taxpayers must comply with the conditions outlined in the "Announcement on Improving the VAT Policy for Resource Recycling" (Announcement No. 40, 2021) and the accompanying "VAT Preferential Catalog for Resource Recycling Products and Services (2022 Edition)" [3]. - Specific conditions include obtaining VAT invoices for recycled resources purchased domestically, maintaining a record of resource acquisition, and ensuring that the products and services sold do not fall under prohibited categories [4][5][6]. Application Process - Taxpayers must submit a tax refund application during the corresponding tax period when the VAT obligation arises [8]. - Initial applications require submission of supporting documents, while subsequent applications can reference previous documentation if unchanged [9]. Refund Calculation - The refundable VAT amount is calculated based on the sales revenue of eligible products and services, adjusted for any ineligible sales [5]. - Taxpayers must maintain a detailed record of recycled resource purchases, including supplier information and compliance with invoicing requirements [5][6]. Administrative Requirements - Tax authorities are tasked with enhancing the management of invoice issuance, and taxpayers are required to issue and obtain invoices according to regulations [5]. - Taxpayers must not have received administrative penalties related to environmental protection or tax laws in the six months prior to applying for the VAT refund [7].