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Q：
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What does the first item of Article 28, Paragraph 1 of the Value-Added Tax Law refer to when it mentions "receipt of sales proceeds"?
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A：
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It refers to the situation where a taxpayer receives payment during or after a taxable transaction. The date on which the taxpayer obtains the sales receipt and requests payment is the date specified in the written contract for payment, if such a contract exists. If no written contract exists or if the payment date is not specified in the contract, it is the date on which the taxable transaction is completed, which is the date when the goods are dispatched, the service is completed, the ownership of financial products is transferred, the transfer of intangible assets is completed, or the transfer of real estate is completed.
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Q：
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What does the "day on which the deemed taxable transaction is completed" referred to in Article 28, Paragraph 1 of the Value-Added Tax Law mean?
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A：
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It refers to the day when the goods are dispatched, the ownership of financial products is transferred, the transfer of intangible assets is completed, or the transfer of real estate is completed.
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Q：
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Which taxpayers are eligible to apply the provisions of Article 30 of the Value-Added Tax Law, which stipulates that a quarter is regarded as a tax calculation period?
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A：
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Small-scale taxpayers;
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Banks, finance companies, trust companies and credit cooperatives among general taxpayers;
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Other taxpayers as determined by the tax and finance authorities of the State Council.
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Q：
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What does the exemption and refund policy refer to?
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A：
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This means that value-added tax is exempted at the export stage. The corresponding input tax amount will be deducted from the payable value-added tax, and the remaining amount that has not been fully deducted will be refunded.
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Q：
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What does the tax exemption and refund policy refer to?
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A：
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This means that value-added tax is exempted at the export stage, and the corresponding input tax amount will be refunded.
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FAQ
