What is the billing fee for equipment transfer?

The equipment transfer fee is invoiced with value-added tax, and the maintenance and renovation of equipment belongs to the scope of value-added tax. The service industry only issues invoices for labor costs such as construction.

Equipment installation belongs to "other repair and repair services" in VAT taxable items. General taxpayers issue invoices at the rate of 17%, while small-scale taxpayers issue invoices at the rate of 3%.

Invoicing instructions:

According to Article 12 of the Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on the Measures for the Administration of Pre-tax Deduction Vouchers for Enterprise Income Tax (State Taxation Administration of The People's Republic of China Announcement No.2018 No.28), privately printed, forged, altered, invalid, illegally obtained by the drawer, falsely made out, filled in irregular invoices and other external vouchers inconsistent with the relevant provisions of national laws and regulations shall not be used as pre-tax deduction vouchers.