According to the Notice of the Ministry of Finance on the Value-added Tax Policy of Renewable Resources in State Taxation Administration of The People's Republic of China, People's Republic of China (PRC), since June 5438+ 10/day, 2009, business units engaged in recycling waste materials are exempt from value-added tax when selling waste materials, while other units and individuals should pay value-added tax when selling waste materials. In line with the provisions of the Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance of People's Republic of China (PRC) on the VAT Policy of Renewable Resources, VAT is not required.