- STA released circular on reverse invoicing for resource recycling companies
- Individuals selling scrapped products can receive “reverse invoices”
- Invoices must be marked with “Acquisition of Scrap Products”
- Detailed provisions on conditions, invoice management, tax incentives, reporting, payment, and information management provided
Source: fgk.chinatax.gov.cn
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.
