I. Ordinary invoice (ordinary invoice)
Ordinary invoice is the most common form of invoice, which is used to record the taxpayer's sales of goods, provision of taxable services and other business activities as well as to engage in other business activities, and to obtain and pay for a variety of receipt and payment vouchers. Ordinary invoices do not have the function of tax deduction, and are mainly used to prove the economic activities of both parties to the transaction and as a proof of tax payment.
Two, VAT special invoices (special invoices)
VAT special invoices are designed for specific transactions and are mainly used for sales of commodities and provision of processing, repair and maintenance services between taxpayers and other taxable sales behaviors. The special invoice is not only a proof of economic activities of both parties to the transaction, but more importantly, it has the function of tax deduction. Purchasers with special invoices can deduct the tax amount stated on the invoice when paying VAT, thus reducing the tax burden.
Specialized invoices, compared with general invoices, have stricter regulations on issuance, management and use. For example, the issuance of special invoices need to meet certain conditions, such as both parties must be general taxpayers, the content of the transaction must be taxable items. At the same time, the issuance, use and management of special invoices are subject to strict supervision by the tax authorities to ensure their authenticity and legality.
In summary:
Invoices are divided into general invoices and special invoices. General invoices are mainly used in the daily business activities of general taxpayers as transaction vouchers and basis for tax payment; while special invoices are mainly used in specific transactions between taxpayers and have the function of tax deduction. In terms of issuance, use and management, special invoices have more stringent regulations and requirements.
Legal basis:
The Law of the People's Republic of China on the Administration of Taxation Collection
Article 21 states:
The tax authorities are the competent authorities of invoices, and they are responsible for the management and supervision of the invoice printing, purchasing, issuance, acquisition, storage, and payment and cancellation. Units and individuals shall issue, use and obtain invoices in accordance with the regulations in the purchase and sale of commodities, in the provision or acceptance of business services and in other business activities. The management of invoices shall be regulated by the State Council.
The Provisional Regulations of the People's Republic of China on Value-Added Tax (VAT)
Article 21 stipulates:
Taxpayers selling goods or taxable labor services shall issue VAT invoices to the purchasers who ask for the VAT invoices, and shall state the sales amount and the output tax amount on the VAT invoices respectively. VAT invoices shall not be issued under any of the following circumstances:
(1) sale of goods or taxable services to individual consumers;
(2) sale of goods or taxable services subject to tax exemption;
(3) sale of goods or taxable services by small-scale taxpayers.