March 12,, the Treasury issued a major adjustment technical equipment import tax policy interim provisions relevant list, the 2010 years of big technology equipment import tax policy relevant equipment and product catalogue, import key parts and material list, no tax free of imported equipment and product catalogue, the adjustment should be.

2012 years of the revision of the state supports the development of important technical equipment and product catalogue (" directory 1) and the important technical equipment and product import key spare parts, raw materials, commodity list "(" directory 2) from 1 April 2012 to carry out, in conformity with the provisions of the conditions for the production of domestic enterprises listed catalogue 1 equipment or products and import directory listed 2 parts, can be exempted from duty and import value-added tax (VAT).

In 2012 the revision of the import no tax free of major technical equipment and product catalogue (" directory 3) from 1 April 2012 execution. For the 2012 April 1 of the approved projects and enterprises in September 2012 31 of the customs import relevant equipment, continue to enjoy duty-free policy; Since October 1, 2012, all while import tax collection.

Comments on: In 2012 the ministry of finance allots adjust the important technological equipment import tax policy provisional regulations related with the change of the 2010 list is not too big, benefit industry mainly focus on nuclear power equipment, large petrochemical equipment, large metallurgical equipment, ocean engineering, waste heat recovery, high speed precision machine tools, engineering machinery, etc. With two meetings spirit to file the March 14 runs, we think the benefit industry and related listed companies will suffer this drive. Concrete analysis as follows.

Domestic high-end equipment machine and component manufacturers benefit from this directory 1 revision. The revised version than in 2010 in categories equipment projects remain the same, still for 15 kinds equipment, but in the various categories in many adjustment, we will specific content and production related equipment of the listed companies listed in the table below. For the analysis of the catalogue we adjust the logic is that: 1. The new project directly help domestic related the factory from the spare parts purchasing import duties. 2. Raised the same specification can make production specifications of the products high import key accessories related from import tax, thus make the production of high-end products company to get a lower cost. 3. As the imported products cancel preferential tariff improve the cost and make relevant domestic component manufacturers market competitiveness have improved.