Notice on issues concerning State Grid Corporation of China to buy distributed PV power generation projects' electricity products invoice etc.

Country / jurisdiction: People's Republic of China · Year: 2014 · Status: In force · Level: National · Type: Voluntary

In case of enterprises owned by the state grid buy electricity from distributed photovoltaic project power products, can be issued by the national grid company-owned enterprises free text invoices. Photovoltaic power generation project electricity sales of power products, liable to pay value added tax in accordance with tax laws, can be used by the national grid company-owned enterprises in accordance with the simplified taxation for calculating VAT and invoices issued ordinary; according to the tax law can use exemption of VAT policy that can be issued directly by the State grid-owned enterprises with free text invoices.

Official source: http://www.chinatax.gov.cn/n810341/n810755/c1150381/content.html