In accordance with the "Invoice Management Measures of the People's Republic of China" and other relevant regulations, taxpayers should issue invoices truthfully. Small-scale taxpayers that enjoy the VAT exemption policy are not allowed to issue special VAT invoices, but can only issue ordinary VAT invoices, and when issuing the invoices, they should fill in the word "tax-free" in the tax rate or collection rate column.
Taxpayers who enjoy the policy of levying value-added tax at a reduced rate of 1 should fill in the word "1" in the tax rate or collection rate column when issuing special VAT invoices or ordinary invoices. In terms of issuance of invoices with a reduced tax rate of 1, when designing and developing tax control invoicing software, the State Administration of Taxation adopted two measures: "pop-up prompts" and "default display" of the adjusted tax rate to facilitate taxpayers to choose the correct tax rate for issuance. VAT invoice.
According to the "Announcement of the State Administration of Taxation on the Exemption of Small-scale Taxpayers from Value-Added Tax Collection and Administration" (State Administration of Taxation Announcement No. 5, 2021):
Small-scale Taxpayers who engage in VAT taxable sales and the total monthly sales do not exceed 150,000 yuan (if one quarter is a tax period, the quarterly sales do not exceed 450,000 yuan) are exempt from VAT.
If a small-scale taxpayer engages in VAT taxable sales and the total monthly sales exceeds 150,000 yuan, but does not exceed 150,000 yuan after deducting the sales of real estate in the current period, the goods sold shall , labor services, services, and intangible assets are exempt from value-added tax. Tax-free invoices are usually applicable to laid-off, unemployed, disabled people, etc., usually in the catering service industry. These groups can enjoy the country’s preferential tax-free policies under certain circumstances, and the tax department can provide corresponding tax-free invoices. When consumers make purchases in the catering industry where such people are located, the business establishment provides tax-free invoices. Tax-free invoices usually do not participate in activities such as draws. This is because tax-free invoices have already enjoyed the country’s preferential policies and have no corresponding tax revenue, so they are no longer matched with some financial bonus activities. If the flow rate is far lower than the minimum flow rate to ensure accuracy, it will result in no output (such as a vortex flowmeter) or the output signal will be cut off as a small signal (such as a differential pressure flowmeter), which is very detrimental to the supplier. It is unfavorable and unfair. In order to prevent the loss of benefits, for a specific set of heat energy metering equipment, the supply and demand parties often agree on a certain flow value as the "agreed lower limit flow" based on the flow measurement range and the reachable range, and agree that if the actual flow is less than the agreed value , charged according to the lower limit of charging traffic. The metrological administrative departments of the people's governments at or above the county level may set up metrological verification institutions as needed, or authorize metrological verification institutions of other units to perform compulsory verification and other verification and testing tasks. Personnel who perform the calibration and testing tasks specified in the preceding paragraph must pass the assessment. This function is usually implemented in flow display instruments. The metrological administrative department of the local people's government at or above the county level shall establish public measuring standard instruments based on the needs of the region, and they shall be used after passing the assessment conducted by the metrological administrative department of the people's government at the higher level. Enterprises and public institutions may, according to their needs, establish measurement standard instruments for their own use. Their highest measurement standard instruments shall be used after passing the assessment conducted by the measurement administrative department of the relevant people's government. Metrological verification work should be carried out locally and nearby in accordance with the principle of economic and reasonableness. Metrology verification must be carried out in accordance with the National Metrology Verification System Table. The National Metrology Verification System Table is formulated by the metrological administrative department of the State Council.
Legal basis: Article 22 of the "Tax Collection and Administration Law of the People's Republic of China". Special value-added tax invoices shall be printed by enterprises designated by the tax administration department of the State Council; other invoices shall be printed in accordance with the regulations of the tax administration department of the State Council. The regulations are printed by designated enterprises of the State Taxation Bureau and the Local Taxation Bureau of the provinces, autonomous regions, and municipalities directly under the Central Government. No invoice shall be printed without the designation of the tax authority specified in the preceding paragraph.