- The announcement clarifies input VAT credit rules for general taxpayers under the current VAT law and its implementation regulations.
- Input VAT on vehicle purchases can be credited based on the VAT amount shown on the unified vehicle sales invoice.
- For domestic passenger transport services, input VAT can be credited using the VAT amount on electronic tickets or calculated using a specified formula for tickets with passenger identity information.
- For road, bridge, and gate toll services, input VAT can be credited based on the VAT amount on electronic invoices or calculated using a specified formula for bridge and gate toll invoices.
Source: lexiscn.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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