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Expansion of the e-invoicing system for special VAT fapiao in Zhejiang province.

From October 2020, the State Taxation Administration expanded the e-invoicing system for special VAT fapiao in Zhejiang province.

The Tax Administration has stated:

  • If a business uses a printout of the e-fapiao as a tax voucher – it should keep the original VAT e-fapiao; if this is lost – the original e-fapiao can be downloaded from the National VAT Invoice Verification Platform;
  • Electronic invoices will use electronic signatures instead of the special invoice stamp; and
  • Photographs, scans and screenshots are not considered as electronic accounting documents

 

Source Taxbackinternational

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