One, the tax treatment is different
Special invoices (referred to as special invoices) are mainly used for taxpayers to sell goods or provide taxable services issued invoices, is the buyer to pay the amount of value-added tax and in accordance with the relevant provisions of the value-added tax can be deducted from the voucher of the input amount of value-added tax. General invoices (referred to as special invoices), on the other hand, refer to the receipts and payment vouchers issued and collected in the course of purchasing and selling goods, providing or accepting services and engaging in other business activities. When issuing special invoices, enterprises need to carry out tax processing in accordance with the stipulated tax rate and tax amount, while the issuance of general invoices is relatively simple, and generally only need to calculate the taxable amount in accordance with the sales volume and collection rate in a simple manner.
Second, different ways to offset
An important feature of the special invoice is that it can be used as a proof of input tax deduction by the buyer. After obtaining the special invoice, the buyer can certify and offset it in accordance with the stipulated procedures, thus reducing the amount of VAT payable. On the other hand, the general invoice does not have such offsetting function, and the purchaser cannot directly offset the tax amount through the general invoice.
Third, the scope of application is different
Special invoices are mainly applicable to transactions between general taxpayers, because general taxpayers need to follow the tax rate and tax amount for tax processing, and enjoy the corresponding deduction policy. On the other hand, general invoices are more often used for small-scale taxpayers and some special transaction scenarios, such as retail and catering. In addition, some specific industries or products may only be able to issue special invoices or general invoices, which also need to be judged according to the relevant regulations.
In summary:
There are obvious differences in taxation between special invoices and general invoices issued by enterprises, which are mainly reflected in the aspects of tax treatment, deduction methods and scope of application. When choosing which type of invoice to issue, enterprises need to make comprehensive consideration according to their own business situation and tax policies to ensure compliance and reduce tax risks.
Legal basis:
The People's Republic of China Value-added Tax Law
Article 11 stipulates:
Taxpayers shall issue VAT invoices to purchasers requesting VAT invoices for their taxable sales, and shall state the sales amount and the output tax amount in the VAT invoices.
Value-added tax invoices shall not be issued under any of the following circumstances:
(1) if the purchaser of the taxable sales is an individual consumer;
(2) if the taxable sales are subject to tax exemption.
The Law of the People's Republic of China on Administration of Tax Collection
Article 21 provides:
The tax authorities are the competent authorities for invoices, and they are responsible for the management and supervision of invoice printing, requisitioning, issuing, obtaining, storing, and paying off.
Units and individuals shall issue, use and obtain invoices in accordance with the regulations in purchasing and selling goods, providing or accepting business services and engaging in other business activities.
The management of invoices shall be prescribed by the State Council.