For monthly sales of less than 100,000 yuan ( Small-scale VAT taxpayers including this number) are exempt from VAT. For small-scale value-added tax taxpayers, the taxable sales income subject to the 3% levy rate is applicable, and the value-added tax is levied at a reduced 1% levy rate; the prepaid value-added tax items are applicable to a 3% pre-levy rate, and the pre-paid value-added tax is reduced at a 1% pre-levy rate Tax.
Source: chinanews.com.cn
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