China State Administration of Taxation (SAT) has issued a circular on enforcement of tax evaluation on cement production enterprises between June and August.

   The tax evaluation covers authentication and integrity of the taxable income of cement enterprises, various deductions of taxes, and preferential treatment for cement enterprises in comprehensive utilization of resources.

   SAT also issued a circular on extension of terms of verification and writing-off of export proceeds in foreign exchange, which extends from 180 days to 210 day. The police will become effective on June 1.