Announcement of the State Taxation Administration on Issues concerning Administration of Value-added Tax Collection Including the Cancellation of the Time Limit for Verification and Confirmation of Value-added Tax Credit Vouchers
Announcement of the State Taxation Administration on Issues concerning Administration of Value-added Tax Collection Including the Cancellation of the Time Limit for Verification and Confirmation of Value-added Tax Credit Vouchers
Announcement of the State Taxation Administration on Issues concerning Administration of Value-added Tax Collection Including the Cancellation of the Time Limit for Verification and Confirmation of Value-added Tax Credit Vouchers
Announcement of the State Taxation Administration [2019] No.45
December 31, 2019
The issues concerning administration of value-added tax ("VAT") collection including the cancellation of the time limit for verification and confirmation of VAT credit vouchers are hereby announced as follows:
I. Where general VAT taxpayers obtain special VAT invoices, customs import special VAT payment certificate, uniform invoices for the sale of motor vehicles, electronic general VAT invoices for tolls on toll roads issued on or after January 1, 2017, the time limit for verification and confirmation, audit comparison and declaration for deduction shall be cancelled. Taxpayers shall confirm the use of the above-mentioned tax credit voucher information through the integrated service platform for VAT invoices of their respective provinces (autonomous regions, municipalities directly under the Central Government, and cities specifically designated in the state plan) when declaring for VAT payment.
Where general VAT taxpayers obtain special VAT invoices, customs import special VAT payment certificate, and uniform invoices for the sale of motor vehicles issued on or before December 31, 2016, exceed the time limit for verification and confirmation, audit comparison, and declaration for deduction, but meet the conditions as stipulated, they may still enjoy input tax deduction according to the Announcement of the State Taxation Administration on Issues concerning the Taxation Credit by Overdue Value-added Tax Deduction Vouchers ([2011] No.50, amended by the Announcements of the State Taxation Administration [2017] No.36 and [2018] No.31) and the Announcement of the State Taxation Administration on Issues Relating to Tax Credit Vouchers for VAT Credits Not Declared within the Specified Time Limit ([2011] No.78, amended by the Announcement of the State Taxation Administration [2018] No.31).
II. Where there are requirements on tax-paying credit rating for taxpayers' entitlement to the refund-upon-collection policy for VAT, the tax-paying credit rating in the period in which the taxpayer applies for tax refund shall apply.
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Announcement of the State Taxation Administration [2019] No.45
December 31, 2019
The issues concerning administration of value-added tax ("VAT") collection including the cancellation of the time limit for verification and confirmation of VAT credit vouchers are hereby announced as follows:
I. Where general VAT taxpayers obtain special VAT invoices, customs import special VAT payment certificate, uniform invoices for the sale of motor vehicles, electronic general VAT invoices for tolls on toll roads issued on or after January 1, 2017, the time limit for verification and confirmation, audit comparison and declaration for deduction shall be cancelled. Taxpayers shall confirm the use of the above-mentioned tax credit voucher information through the integrated service platform for VAT invoices of their respective provinces (autonomous regions, municipalities directly under the Central Government, and cities specifically designated in the state plan) when declaring for VAT payment.
Where general VAT taxpayers obtain special VAT invoices, customs import special VAT payment certificate, and uniform invoices for the sale of motor vehicles issued on or before December 31, 2016, exceed the time limit for verification and confirmation, audit comparison, and declaration for deduction, but meet the conditions as stipulated, they may still enjoy input tax deduction according to the Announcement of the State Taxation Administration on Issues concerning the Taxation Credit by Overdue Value-added Tax Deduction Vouchers ([2011] No.50, amended by the Announcements of the State Taxation Administration [2017] No.36 and [2018] No.31) and the Announcement of the State Taxation Administration on Issues Relating to Tax Credit Vouchers for VAT Credits Not Declared within the Specified Time Limit ([2011] No.78, amended by the Announcement of the State Taxation Administration [2018] No.31).
II. Where there are requirements on tax-paying credit rating for taxpayers' entitlement to the refund-upon-collection policy for VAT, the tax-paying credit rating in the period in which the taxpayer applies for tax refund shall apply.
......