What is the freight rate?
The freight rate is 11 per cent, but small taxpayers whose annual value added tax sales are less than $5 million are subject to a 3 per cent “collection rate”。
Legislative authority:
The vat rate is as defined in article 15 of the act on the pilot implementation of the conversion to value added tax:
(i) the taxpayer incurs taxable acts at a rate of 6 per cent, except as provided for in subparagraphs (ii), (iii) and (iv) of this article。
(ii) provision of transport, postal services, basic telecommunications, construction, real estate rental services, sale of real estate, transfer of land tenure, at a rate of 11 per cent。
(iii) provides rental services for tangible movable property at a rate of 17 per cent。
(iv) cross-border tax liability of units and individuals within the territory at zero rates. The specific scope is defined separately by the ministry of finance and the national tax administration。
Article 16: the vat collection rate is 3 per cent, except as otherwise provided by the ministry of finance and the national tax administration。
What is the difference between the 6 per cent and 9 per cent rates for transport invoices?
Tax rates of 1 to 9 per cent include transport services such as land transport services, water transport services, air transport services, pipeline transport services and transport operations without means of transport. And postal services such as general postal services, special postal services, other postal services;
Tax rates of 2 to 6 per cent include transport invoices for modern services such as logistics support services。
The tax rate for transport invoices is generally 9 per cent and, if services are involved, 6 per cent。
Article x of the provisional regulations of the people's republic of china on value added tax
The amount of the revenue tax may not be deducted from the amount of the sales tax on:
(i) purchase of goods, services, services, intangible assets and real property for simple tax purposes, vat exemption, collective benefits or personal consumption;
(ii) the acquisition of goods that have been abnormally lost, as well as related labour and transport services;
(iii) goods purchased (excluding fixed assets), labour and transport services that are consumed in products, finished products, which are the subject of an abnormal loss;
(iv) other items specified by the state council。
How do we get transport tax invoices?
1. The taxpayer of an invoice shall provide a tax registration certificate, a contract of carriage (or proof of payment) and a tax, if any, for the individual business。
2. In the case of an individual trader, the taxpayer of the invoice shall provide the contract of tax carriage (or proof of payment), the original of the tax and identification card, and a copy thereof。
3. To fill out the application for a ticket to the irs and after payment of the tax, the tax authorities issue the bill。
The above-mentioned legislation is a compilation of relevant information for everyone. If there are other questions that can be consulted online on the bar, we will respond at the first opportunity。
