exemption. In 218, the monthly sales of water conservancy funds will be exempted within 1, yuan. Notice of the Ministry of Finance and State Taxation Administration of The People's Republic of China on Expanding the Exemption Scope of Relevant Government Funds (Caishui [216] No.12): From February 1, 216, small and micro enterprises with monthly sales or turnover of less than 1, yuan will be exempted from education surcharge, local education surcharge and water conservancy construction fund.