In order to implement the requirements of the Opinions on Further Deepening the Reform of Tax Collection and Management issued by the Central Office and the State Council, and further promote the electronic reform of invoices, State Taxation Administration of The People’s Republic of China issued the Announcement of State Taxation Administration of The People’s Republic of China on Promoting the Application of Comprehensive Digital Electronic Invoices (State Taxation Administration of The People’s Republic of China Announcement No.11 in 2024), clarifying that on the basis of the positive results achieved in the previous pilot, comprehensive digital electronic invoices (hereinafter referred to as "digital electronic invoices") will be officially promoted and applied nationwide from December 1, 2024. Today I will take you to understand:What specific business invoices are included in "Digital Invoice"? How to adjust the total invoice amount?↓
What specific business invoices are included in digital invoices?
Under electronic invoices (special VAT invoices) and electronic invoices (ordinary invoices), according to specific business labels, there are currently construction services, refined oil, scrap product purchase, passenger transportation services, cargo transportation services, real estate sales, real estate business leasing services, agricultural product purchase, photovoltaic purchase, vehicle and vessel tax collection, self-produced agricultural product sales, differential taxation, motor vehicles, used cars, invoicing, tolls, etc.
How to adjust the total invoice amount
There are four ways to dynamically determine the total invoice amount, including the adjustment of the amount at the beginning of the month, the temporary adjustment of the amount, the regular adjustment of the amount and the manual adjustment of the amount.
(A) at the beginning of the month the amount of adjustment
The amount adjustment at the beginning of the month means that the information system automatically adjusts the taxpayer’s invoice amount at the beginning of each month.
(2) Temporary adjustment of the quota
Temporary adjustment of tax amount means that when the invoice amount of a taxpayer with good tax credit reaches a certain proportion of the total invoice amount of that month for the first time, the information system will automatically temporarily increase the total invoice amount of that month.
Example 1:Company A, established in early August 2024, has an initial invoice amount of 7.5 million yuan.
Case 1: In mid-August, 2024, the sales of Company A increased, and by August 20th, the actually used amount reached 6 million yuan (reaching a certain proportion of the total invoice amount of the current month). After automatic risk scanning by the information system, the total invoice amount of the current month was temporarily increased to 9 million yuan for Company A..
Case 2: In mid-August, 2024, the sales of Company A increased, and by August 20th, the actual used quota reached 5.8 million yuan, which did not trigger the temporary adjustment of the information system. On August 21st, due to business needs, Company A needed to issue a digital electricity invoice with an amount of 2 million yuan. When filling in the invoice information, the total invoice amount of the month was temporarily increased to 9 million yuan for Company A because the accumulated amount reached 7.8 million yuan (a certain proportion of the total invoice amount of the month), and there was no problem after the automatic risk scanning of the information system.
(three) the amount of regular adjustment.
Regular adjustment of tax amount means that the information system automatically adjusts the total invoice amount of the taxpayer in the current month.
Example 2:Company B, established in early July 2023, has an initial invoice amount of 7.5 million yuan. According to the actual operation of Company B and the usage of monthly invoice amount from July to December, in early January 2024, the information system adjusted its monthly invoice amount to 8.5 million yuan.
(D) artificial quota adjustment
Manual quota adjustment refers to the taxpayer’s application for adjusting the total invoice amount due to changes in actual business conditions, and the competent tax authorities confirm that no abnormalities are found, and adjust the total invoice amount for the taxpayer.
Example 3:At the beginning of July 2024, the total invoice amount of Company C was 7.5 million yuan. Due to the increase in sales, the information system temporarily increased the total invoice amount of that month to 9 million yuan for Company C, but it still could not meet the billing demand of Company C this month. According to the actual operating conditions, Company C applied to the competent tax authorities to increase the total invoice amount of the current month to 12 million yuan. After the competent tax authorities confirmed that no abnormality was found, the total invoice amount of Company C was increased accordingly.