THE CIRCULAR OF THE MINISTRY OF FINANCE AND THE STATE ADMINISTRATION OF TAXATION ON THE CEASE OF EXPORT TAX REFUND TO SUCH PRIMARY STEEL PRODUCTS AS BULLET

The Ministry of Finance, The State Administration of Taxation

The Circular of the Ministry of Finance and the State Administration of Taxation on the Cease of Export Tax Refund to Such Primary
Steel Products as Bullet

Cai Shui [2005] No.57

The finance bureaus (departments) of all provinces, autonomous regions, municipalities directly under the central government, cities
directly under state planning, the finance bureau of Xinjiang Production and Construction Corps:

From April 1, 2005, as authorized by the State Council, the policy of export tax refund to the primary steel products as under the
tariff code 7203, 7205, 7206, 7207, 7218 and 7224 shall be ceased. The specific enforcing date shall subject to the export date specified
by the customs on the “customs declaration of export goods (for export tax refund only)”.

It is hereby notified.

The Ministry of Finance

The State Administration of Taxation.

March 28, 2005