Home >

It Is A Difficult Problem To Fully Implement The Business Pformation And Increase The Invoice.

2016/5/8 16:23:00 170

Camp Changed To IncreaseInvoiceTax Payment

"We have to carry out the business pformation from May to the first place. First, we must start from the inside of the enterprise. Now all the reimbursement must be issued with VAT invoices, otherwise it will be impossible to operate, all in order to comply with the new regulations."

WAL-MART China insiders said.

Through interviews with WAL-MART, Carrefour, BBK, Yonghui supermarket, and RT mart, the reporter learned that the company must provide VAT invoices for internal reimbursement, including travel expenses and office supplies procurement.

"We started the busy business pformation (business tax to VAT) before the May 1 holiday, and sent e-mail to almost all the relevant personnel inside the company. The financial aspect is also continuing to update and communicate, so as to comply with the policy of changing business from May."

Da Yun fat, an internal official told reporters.

The "camp to increase" policy has been implemented in all industries since May 1st of this year. The taxpayers of business tax are divided into small-scale taxpayers and general taxpayers according to the scale of operation.

In May 3rd, reporters learned from various interviews that WAL-MART, Carrefour, BBK, Yonghui supermarket and big RFD retailers launched a series of related "camp to increase" pilot projects within the company, mainly involving the internal reimbursement process and suppliers' VAT invoices. However, some small suppliers may not be able to issue VAT invoices for a time, which will bring difficulties to retailers such as supermarkets and retailers. Some contracts need to be updated at present or even some suppliers will adjust their prices, but supermarkets will not raise their retail prices.

"We have to carry out the business pformation from May to the first place. First, we must start from the inside of the enterprise. Now all the reimbursement must be issued with VAT invoices, otherwise it will be impossible to operate, all in order to comply with the new regulations."

WAL-MART China insiders said.

Through interviews with WAL-MART, Carrefour, BBK, Yonghui supermarket, and RT mart, the reporter learned that the company must provide VAT invoices for internal reimbursement, including travel expenses and office supplies procurement.

Most of the industry reflects, in fact, VAT invoices are conducive to the standardized operation of the enterprise, and these entry can be used as a cost deduction, to improve the income of the enterprise.

According to the new regulations,

Supplier

Retailers must be provided with VAT invoices, so retailers can deduct the cost of input from supermarkets. If suppliers do not provide VAT invoices, supermarkets can not deduct deductions, which will increase the cost of retailers.

"Most of our suppliers are large enterprises, so there is no problem in issuing VAT invoices.

We also note that there will be some small suppliers in the industry who can not provide VAT invoices, so this part of the suppliers may have to re plan their cooperation. "

Yonghui supermarket responsible person Ye Changqing revealed that Yonghui supermarket asked suppliers to issue VAT invoices very early, because for supermarket stores, there is a need to deduct input costs, and therefore rarely cooperate with small suppliers.

Some retailers said they need to renew contracts with small suppliers.

Small suppliers

The VAT invoice can be applied through the necessary process, otherwise it will be difficult for the two sides to cooperate.

"We are relatively large suppliers, so value-added tax.

invoice

No problem.

But some small businesses can't get the VAT invoice, so the supermarket can't deduct the cost.

They may need to redefine or redefine the distribution of profits between the two sides. "

The head of a large food supplier said.

In the interview, the reporter learned that suppliers were also subdivided into their own direct production or agent sales. If they were agents, they also needed their "home" producers to provide the corresponding value-added tax invoices. If the "home" could not provide VAT invoices for various reasons, then the agent could not provide VAT invoices to retailers.

Therefore, some suppliers and retailers are negotiating how to rewrite the purchase and sale contract on the basis of "camp to increase", at least to add some supplementary agreements.

For consumers, the most important concern is whether commodity prices will rise. Not long ago, international hotels such as Hyatt, intercontinental, Wan Hao, Hilton and other international hotels have attracted much attention in terms of collective price increases. However, relevant departments have said that "camp to increase" can not be a reason for hotels to rise in price.

The retail industry is closer to the consumer life industry than the hotel industry.

All of the retailers mentioned that the price of goods will not rise because of "camp to increase", and consumers need not worry about it.

Even if it is difficult for some small suppliers to issue VAT invoices and cause the cost to be deducted, retailers will find suitable solutions, instead of pferring the cost to consumers by way of price increase.


  • Related reading

Auction Of State Cotton Stores Will Push Price Differentials Down

Latest topics
|
2016/5/6 16:29:00
28

The Future Of China'S Cotton Reserves Is Very Complicated.

Latest topics
|
2016/5/5 20:47:00
32

Reserve Cotton Came Out In Early May To Ensure Orderly Supply Of The Market.

Latest topics
|
2016/4/29 20:17:00
24

Duty-Free Shops Will Enter The Shopping Mall.

Latest topics
|
2016/4/28 19:35:00
45

The "High Value" Of Textile Products Depends On The Rapid Development Of Production Technology.

Latest topics
|
2016/4/26 15:30:00
18
Read the next article

Cai Yingwen'S Inaugurated Concierge Shoes Are Designed And Manufactured By Taiwan.

From 520 to less than 2 weeks after President Cai Yingwen's inauguration, the outside world was concerned about the dress of Cai Yingwen when he was inaugurated. The shoes of female concierge staff were designed and built by Taiwan's own handmade shoes brand MOMENTANEE, all made in Taiwan, with a simple and generous black design, emphasizing comfort and good wear.