Notice of the Ministry of Finance and the State Administration of Taxation on Strictly Implementing the Standards for Expenses Exempted from Individual Income Tax and Non-Taxable Items
Finance offices or bureaus and administrations of local taxation of all provinces， autonomous regions， and municipalities directly under the Central Government， and cities directly under state planning， and finance bureau of Xinjiang Production and Construction s：
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Decree of the General Administration of Customs of the People’s Republic of China
The Measures of the Customs of the People’s Republic of China for the Administration of Small Vessels Coming from and Going to Hong Kong and Macao and the Cargoes and Articles on them were adopted at the executive meeting of the General Administration of Customs on January 1st， 2004， which are hereby promulgated and shall be implemented as of March 15th， 2004. The Measures of the Customs of the People’s Republic of China for the Supervisory Administration of Small Vessels Going between Hong Kong and Macao and the Cargoes and Articles on them （Decree No. 68 of the General Administration of Customs） and the Measures of the General Administration of Customs of the People’s Republic of China for the Administration of the Registration and Record Keeping of Small Vessels Coming from and Going to Hong Kong and Macao （Decree No. 69 of the General Administration of Customs of the People’s Republic of China shall be repealed at the same time.
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Notice of the State Administration of Taxation on the Issues concerning Further Strengthening the Administration on the Collection of Stamp Tax
The bureaus of local taxation of all provinces， autonomous regions， municipalities directly under the Central Government and cities directly under the State planning：
Since the stamp tax came into practice in 1988， the local tax organs of all levels have been continuously strengthening the administration on its collection and have formulated effective measures for collection according to the local conditions， thus ensuring the steady growth of the income from stamp tax. However， with the establishment and development of the market economy of our country and the promulgation and implementation of the new Law of the People’s Republic of China on the Administration of Tax
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Some Opinions of the State Council on Promoting the Reform, Opening and Steady Growth of Capital Markets
The people’s governments of all provinces， autonomous regions， and municipalities directly under the Central Government， all ministries and commissions of the State Council， and all agencies under the direct control of the State Council：
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Order of the China Banking Regulatory Commission
Interim Measures for the Management of the Dealings of Derivative Products of Financial Institutions have been adopted at the chairman meeting of China Banking Regulatory Commission and are hereby promulgated. The present Measures shall come into effect as of March 1， 2004.
Liu Mingkang， Chairman
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Circular of the State Administration of Taxation on Carrying out the Work of Determination of Enterprises Whose Scope of VAT Deduction Is To Be Enlarged
The administrations of state taxation of Heilongjiang， Jilin， Liaoning provinces， and Dalian city：
According to Some Opinions of the Central Committee of the Communist Party of China and the State Council on Implementing the Strategy of Developing Vigorously the Old Industry Bases in the Northeast Region， Etc. （ZhongFa [2003] No.11）， the ordinary taxpayers of value-added taxes in eight industries of the three provinces in the northeast region and Dalian city （hereinafter referred to as the “taxpayers”） shall enlarge their scopes of VAT deduction. With a view to making good preparations， the State Administration of Taxation decides to carry out the work for the determination of the enterprises subordinate to the eight industries temporarily， and hereby makes the following Circular on the relevant issues in this regard：
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Notice of the Ministry of Finance and the State Administration of Taxation on Adjusting the Consumption Tax Rate of Imported Cigarettes
The Customs General Administration：
With a view to consolidating the policy of consumption tax on imported cigarettes and homemade cigarettes， and upon the approval of the State Council， we hereby adjust the consumption tax rate of imported cigarettes， and give the following Circular on relevant issues：
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Notice of the State Administration of Taxation on Some Issues Concerning the Punishments for Acts in Violation of the Regulations on Stamp Tax
The bureaus of local taxation of all provinces， autonomous regions， municipalities directly under the Central Government and cities directly under state planning：
After the amendment and re-promulgation of the Law of the People’s Republic of China on the Administration of Tax Collection （hereinafter referred to as LATC） and the Detailed Rules for the Implementation of the Law of the People’s Republic of China on the Administration of Tax Collection （DRILATC）， some provisions in Article 13 of the Interim Regulations of the People’s Republic of China on Stamp Tax （hereinafter referred to as IRST） and in Articles 39 through 41 of the Detailed Rules for the Implementation of the Interim Regulations on Stamp Tax are inapplicable （hereinafter referred to as DRIIRST）。 In order to intensify the administration on the collection of stamp tax， the applicable punitive provisions on acts in violation of the regulations regarding the stamp tax are hereby notified：
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