One advantage of issuing tax-free invoices by catering enterprises is that they are tax-free invoices, which can be recorded by the payee and deducted before tax. Benefit 2: Failure to invoice violates the provisions of the Measures for the Administration of Invoices in People's Republic of China (PRC).

The catering invoice says that tax exemption means value-added tax exemption. Announcement No.8 of the Ministry of Finance and State Taxation Administration of The People's Republic of China in 2020 is [Exemption from VAT], which is a declaration of VAT and is tax-free on the declaration form. Do not issue tax-free invoices.

VAT exemption refers to a taxable behavior. Because of the support of national policies, value-added tax is not levied on the sales link, but the input is not allowed to be deducted or refunded. Tax exemption means that the state exempts taxpayers from paying taxes according to the needs of policies.

Laws and regulations on tax exemption in catering industry.

1. Article 9 of the Measures for the Administration of Invoices in People's Republic of China (PRC) stipulates that when units and individuals sell goods, provide services and engage in other business activities, and collect money from outside, the payee shall issue invoices to the payer; Under special circumstances, the payer will issue an invoice to the payee.

2. Article 35 of the Measures for the Administration of Invoices in People's Republic of China (PRC) stipulates that if an invoice should be issued but not issued, the tax authorities shall order it to make corrections and may impose a fine of 1000 yuan; Illegal gains shall be confiscated.

3. Announcement No.8 of the Ministry of Finance in State Taxation Administration of The People's Republic of China in 2020 stipulates that taxpayers' income from providing public transport services and life services, as well as providing express delivery services for residents' daily necessities, shall be exempted from value-added tax.