I. When and in what occasion may require suppliers to provide value-added tax invoice? What are the requirements? What are the advantages?

1. What is the value-added tax?
VAT on the sale of goods production units on the added value of the units used by consumers or take a turnover tax, that is, production operators, sale of goods to consumers or use of the reference unit charged with the purchase of goods The input tax paid on the difference between the VAT tax.

2. What kind of taxpayers are VAT taxpayers?
In China and the sale of goods or the provision of processing, repair services and repair of goods imported units and individuals are VAT taxpayers, should pay tax according to law.

3. What are the two kinds of VAT taxpayers and what are the differences between them?
VAT taxpayers into the general taxpayers and small-scale taxpayers two.

The three differences are as the following:
First, the scale of production, sales are different. Industrial, repair, repair industry, the income of 100 Yuan, commercial income of 180 Yuan for small-scale taxpayers; income in the financial and accounting standards on the sound, fixed establishments, a full-time accounting qualified financial staff for the general taxpayers.

Second, there are differences in the method of payment of value-added tax. Small-scale taxpayers should pay for all the tax revenue multiplied by the tax rate (6 percent for industrial, commercial 4%); general taxpayers should pay for all the tax revenue multiplied by the applicable tax rates (17% or 13 %) Less purchases of goods paid by the difference between the amounts of input tax.

Third, it is used by different types of invoices. Small-scale obtained by ordinary taxpayers can only invoice, VAT invoices can not be obtained, if needed issuing VAT invoices, according to the tax authorities can only apply to the rates (4% or 6%) for a general taxpayers obtained by the application and use of VAT invoices.

II. The requirements to receive VAT
1. Check the name, a taxpayer identification number, address, telephone number, bank account and whether it was correct.

2. Checking names of goods or services names consistent with the purchase and sales contracts. (Including specifications and models must be signed contract is the same, otherwise, provisions of the tax law is not deductible.)

3. Inspect interval password whether beyond password zone, if exceeded, the Inland Revenue Department is proof that the invoice can not be deductible.

4. Inspect the date of bill, tax vote is valid 90 days, 90 days after the invoice can not be deductible, nor allow the other party to reopen, then input into the cost not only the deductible, the impact on corporate profits . If this vote is 10,000 Yuan allowance, then we will drop the month profit 10,000 Yuan.

III. The fixed assets input tax deductions
1. "Interim Regulations on the implementation of Value-added Tax rules" under Article 19 of the fixed assets means: (a) in the unit value of 2,000 Yuan and above, the use of more than 2001 machines, machinery, transport equipment and other production, operation of the equipment, tools, appliances.