Notice of the Ministry of Finance and the State Administration of Taxation on the Policy of Urban Maintenance and Construction Tax, Education Surcharge, and Local Education Surcharge Related to the End-of-Period VAT Credit Refund

This notice clarifies that taxpayers who receive an end-of-period VAT credit refund may deduct the refunded VAT amount from the tax base for urban maintenance and construction tax, education surcharge, and local education surcharge. It takes effect from the date of issuance.