The General Department of Taxation has said it will require e-commerce floors, jewelry shops, and pharmaceutical stores to issue e-invoices from cash registers using tax authorities’ data system.
The implementation of e-invoice issuances from cash registers began in December and has applied to retailers in key fields such as restaurants, hotels, and supermarkets on a trial basis.
The move is aimed at curbing revenue losses and improving compliance.
Nearly 4,000 businesses nationwide are set to roll out e-invoices generated from cash registers during March.
Of these, 805 have registered to use e-invoices created from cash registers and obtained approval from tax authorities. Of their more than 85.38 million e-invoices, 544 from cash registers have been sent to the tax authorities’ system.
As of January 31, tax authorities had received and processed more than 2.8 billion e-invoices.
Implementation of e-invoices is a major breakthrough for the tax sector, contributing to transforming management and organization at tax authorities and reforming administrative procedures, creating favorable conditions, cutting costs, and increasing enterprise productivity.