The Ministry of Industry and Information Technology, the Ministry of Finance, and the State Administration of Taxation recently jointly carried out the formulation of a list of industrial machine tool enterprises that enjoy the value-added tax deduction policy in 2025. The local industry and information technology department will complete the preliminary review and recommendation before September 15, and the Ministry of Industry and Information Technology will organize a third-party agency to review it, and conduct joint review and approval based on honest tax payment records. Enterprises can check whether to be included in the list after October 31. Enterprises included in the list will enjoy the policy from January 1, 2025, and enterprises that have been included in the 2024 list but have not entered the 2025 list will enjoy the policy until October 31, 2025.
 

Notice of the Ministry of Industry and Information Technology, the Ministry of Finance, and the State Administration of Taxation on the formulation of a list of industrial machine tool enterprises enjoying the value-added tax deduction policy in 2025
 

Ministry of Industry and Information Technology Unicom Loading Letter [2025] No. 198

According to the requirements of the "Notice of the Ministry of Finance and the State Administration of Taxation on the VAT Additional Deduction Policy for Industrial Machine Tool Enterprises" (Cai Shui [2023] No. 25), in order to do a good job in formulating the list of industrial machine tool enterprises enjoying the additional deduction policy in 2025, the relevant matters are hereby notified as follows:
 

1. The list referred to in this notice refers to the list of advanced industrial machine tools, key functional components, and CNC system enterprises that enjoy the value-added tax deduction policy mentioned in Cai Shui [2023] No. 25.
 

2. Enterprises applying for inclusion in the list (including their unincorporated branches) should submit an application in the information filling system (www.gymjtax.com) before August 31, 2025, generate paper documents with the official seal of the enterprise, and submit them together with the necessary supporting materials (electronic and paper versions) to the competent departments of industry and information technology of all provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans, and the Xinjiang Production and Construction Corps (hereinafter referred to as local industry and information technology departments). Enterprises that have been included in the 2024 list and intend to continue to apply for entry into the 2025 list must resubmit items 2, 3, 6, 8 and 9 in the "List of Supporting Materials Submitted by Industrial Machine Tool Enterprises Enjoying the VAT Additional Deduction Policy" (Annex 1).
 

3. According to the conditions of the enterprise (see Articles 1 and 2 of Caishui [2023] No. 25 and the annex "Basic Standards for Advanced Industrial Machine Tool Products"), the local industry and information technology department shall submit the preliminary verification list to the Ministry of Industry and Information Technology before September 15 after making preliminary verification and recommendation of the enterprise's declaration information.
 

4. The Ministry of Industry and Information Technology organizes third-party institutions to carry out qualification review based on the enterprise declaration information. According to the review opinions of third-party institutions, comprehensively considering the situation of enterprises in key areas of the industrial machine tool industry chain and the honest tax payment records, the Ministry of Industry and Information Technology, the Ministry of Finance, and the State Administration of Taxation will conduct a joint review and confirm the final list.
 

5. After October 31, enterprises can check whether they are included in the list from the information filling system. After the list is issued, the enterprise can calculate the additional deductions that can be accrued in the lead period but not accrued in the current period. Enterprises included in the 2025 list will enjoy the policy from January 1, 2025; Enterprises that have been included in the 2024 list but not included in the 2025 list will stop enjoying the policy on October 31, 2025.
 

6. During the validity period of the list, if the enterprise has a name change, division, merger, reorganization or major change in the main business, it shall report to the local industry and information technology department within 45 days from the date of completion of the change registration, and the local industry and information technology department shall submit the verified form of major changes in the enterprise (Annex 2) and relevant materials to the Ministry of Industry and Information Technology within 60 days from the date of completion of the change registration of the enterprise. If an enterprise submits a change explanation beyond the time mentioned in this article, the local industry and information technology department will not accept it, and the enterprise will stop enjoying the relevant policies for 2025 from the date of change registration.
 

7. Local industry and information technology departments, together with finance and tax departments, strengthen daily supervision of enterprises on the list. In the process of supervision, if it is found that an enterprise has obtained tax reduction and exemption qualifications with false information, it should be jointly verified in a timely manner and jointly submitted to the Ministry of Industry and Information Technology for review. After review by the Ministry of Industry and Information Technology and relevant departments, the Ministry of Finance and the State Administration of Taxation shall notify the Ministry of Finance and the State Administration of Taxation to deal with the enterprises that do not meet the requirements in accordance with relevant regulations.
 

8. The enterprise is responsible for the authenticity of the materials and data provided. The declaring enterprise shall sign a letter of commitment, promising that if there is untrustworthy behavior in the declaration, it will be dealt with by the relevant departments in accordance with laws, regulations and relevant national regulations.
 

9. This notice shall come into effect from the date of issuance. The Ministry of Industry and Information Technology, together with relevant departments, will adjust the conditions of enterprises that meet the policy in a timely manner according to industrial development and technological progress.

Ministry of Industry and Information Technology 

treasury 

State Administration of Taxation

August 11, 2025