Cleanup involving rare earths, tungsten, molybdenum fee fund

April 30, the Ministry of Finance, the National Development and Reform Commission jointly issued a notice requiring the State Council on the implementation of rare earths, tungsten, molybdenum resource tax reform demands clear norms involving rare earths, tungsten, molybdenum fee funds.

Notification requirements, since May 1, 2015, in a nationwide unified rare earth, tungsten, molybdenum mineral resources compensation rates to zero, stopping the collection of rare earth, tungsten, molybdenum price adjustment fund.

The circular also requires all provinces, autonomous regions and municipalities in the region to introduce a comprehensive clean-specification relates to rare earths, tungsten, molybdenum fees fund the project, a contravention of administrative fees and government funds approval regulations, unauthorized introduction of fees to fund the project will be Cancel.

The circular stressed to announce cancellations or stop collecting fees fund, may not delay or refuse to perform any reason can not be disguised by other names continue to charge.


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