Knowledge

How to issue the 0% VAT invoice

When issuing VAT common invoice, the following correct ways should be selected to different applicable tax rate:
1. Zero VAT tax rate: Issuing the invoice in Zero tax rate to the taxpayer who sell the goods and render the services is the statutory duty, instead of tax incentives

2. VAT exemption: The taxpayer shall issue duty-free goods and services in accordance with the following steps:
a. Set up the goods or services code in the Invoice Issuing System
b. Select the tax rate
c. Tick the button"enjoy the tax incentives"on the bottom left corner
d. Choose" yes", then press button"tax exemption”

3. VAT shall not be paid: according to the following steps to issue the VAT common invoice:
a. Set up the goods or services code in the Invoice Issuing System
b. Select the tax rate
c. Tick the button"enjoy the tax incentives" on the bottom left corner,
d. Choose" yes", then press the button"no tax”


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