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State Administration of Taxation issued the Announcement on Several Issues Concerning VAT Invoice Administration. Effective from Jan. 1st, 2018, the taxation classification codes abbreviation of the commodities and service will be automatically shown and printed in the column of “name of goods or taxable labor and services” or “item” of the invoice. From Feb. 1st, 2018, the pilot scope of the VAT invoice that can be issued by the small-scale taxpayers their own will be extended. The uniformed invoice for the second-handed car sales will be included the new VAT invoice administration system from April 1st, 2018.

 

Proof Reader:Cao Yuhong

Released by China Accounting on  Janurary 12, 2018, please indicate the source and author. 

Original Link:http://news.esnai.com/2017/1222/167597.shtml

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