| Chinese Version          

SAT issued the Announcement on the Issues for Urban Public Water Supply Enterprise Issuing VAT Invoices after Tax for Fees Reform of Water Resource Fee. During Tax for Fees Reform pilot period, for the pilot provinces that originally collected the water resource fee besides the base water price, the urban public water supply enterprises shall enjoy VAT free for the revenue gained from the water fee with the water resource tax paid, and VAT regular invoice will be issued under the item “tax free tap water. This policy was effective from Dec. 1st, 2017. 

 

Proof Reader:Cao Yuhong

Released by China Accounting on  Janurary 20, 2018, please indicate the source and author. 

Original Link:http://news.esnai.com/2017/1226/167818.shtml

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