Guangdong Province Moves to Upgrade VAT Collection Software
Jun. 29 – The Guangdong provincial government recently moved to upgrade the means of collecting VAT offset invoices from enterprises.
In a circular issued on June 24, the provincial government emphasized the importance of enterprises updating their VAT offset invoices collection software in accordance with the “Notice on the Security System Issues for Newly-Established General Taxpayers.” The updated version of VAT offset invoice collection software should be V6.15 on the security billing system and should have an A13 Fiscal Golden Tax card with 108 ciphers on the special VAT invoices.
For enterprises that have not yet upgraded their taxpayer software, they will have to scan and verify their VAT invoices with the tax authorities or hand enter them via the enterprise electronic reporting software.
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