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07 Jan
14:29

China launches new policies on lithium-ion battery recycling

The Taxation Department of China's Ministry of Finance has released new battery recycling and tax policies, effective from 1 March, 2022.  According to the announcement, the qualifications of recycling companies will be verified more strictly with explicit standards under different classifications. Relevant licences are required.  The announcement requires that taxpayers obtain the required invoices or certificates to be refunded immediately. A…
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