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Jul 26, 2021 04:42 PM (GMT+8) · EqualOcean
According to Jiaao environmental protection announcement, according to the notice on printing and distributing (CS [2015] No. 78) issued by the Ministry of Finance and the State Administration of Taxation, Zhejiang Dongjiang Energy Technology Co., Ltd. ("Dongjiang energy"), a wholly-owned subsidiary of the company, can enjoy a 70% tax preference of VAT refund upon collection of biodiesel and industrial grade mixed oil produced from waste animal and vegetable oil. As of the announcement date, Dongjiang energy has received a total of 4.4403 million yuan of partial VAT refunds of 70% in May 2021 and June 2021.