WHAT HAPPENED

According to MIIT, eligible enterprises must be manufacturing general taxpayers with high-tech enterprise status, including qualifying non-legal-person branches. Manufacturing-related sales must exceed 50% of total sales. Applicants also must not have fraudulently obtained input VAT or export-tax refunds, or issued false special VAT invoices, during the 36 months before applying.

MetalMate summary of the linked evidence
WHY IT MATTERS

Commercial context

Commercially, inclusion could lower VAT costs for eligible steel manufacturers and support cash flow. The impact cannot be quantified from the supplied notice because it does not specify the additional-credit rate. The framework does not alter steel capacity, output or trade rules.

MetalMate analysis
KEY DETAILS
  • Continuing applicants may apply during the first 10 days of each month from September 2026, with a final deadline of April 10, 2027, MIIT said.
  • New applicants may apply during the first 10 days of each month from October 2026, also ending April 10, 2027.
  • For enterprises whose high-tech status remains valid throughout 2026, the stated benefit period runs from January 1, 2026 through April 30, 2027.
  • Authorities must provide reasons when an enterprise fails interdepartmental review.
  • Tax authorities may recover benefits already received if an enterprise is subsequently found ineligible or to have qualified using false information.
  • The supplied evidence does not identify a specific steel company, product or production capacity.
WHAT TO WATCH

Steel producers should assess high-tech status, the manufacturing-sales threshold and the 36-month compliance test ahead of the relevant filing window. Watch for company-level applications or approvals and separate policy details needed to quantify the VAT benefit.

Source & methodology +

MetalMate separates original-source evidence from summary and analysis. Verify the original source before procurement, legal or engineering decisions.

Article status
Published · Version 1
Source date
Not supplied
MetalMate publication
23 September 2026
Verification
Automated evidence checks; not human reviewed

三部门关于2026年度享受增值税加计抵减政策的先进制造业企业名单制定工作有关事项的通知 — MIIT
MetalMate provides an English summary; consult the original wording.