HKG-2013-62

Arrangement on VAT Invoice issuance  in South China* 

As Circular 37 of Cai Shui [2013] on the “Tax Policy of VAT Pilot Program on Transportation & Modern Services Sector” will be effective 1st August, 2013, in order to avoid any extra tax incurred for your company on those shipments moving on or before 31st  July,2013, we’ll have the following arrangement for your adherence.

1. For shipments moving on/before 25th July,13, VAT invoice will be issued before 29th July,13 provided that confirmation on the payable amount and the invoice information is received from the payer before 26th July,13.

2. For shipments moving between 26th and 31st July,13, we’ll try our best to issue VAT invoice to your company on the 31st July,13 as long as we received your confirmation on the payable amount and the invoice information before 10:00am on the 31st.

3. Should there be any change after VAT invoice is issued, you’re required to email to our Finance at respective location before 30th July,13. An updated VAT invoice will be re-issued on/ before the 31st, subject to VAT invoice amendment fee at RMB500 per invoice.

4. For any amendment request received on/after 1st Aug,13, a special VAT invoice is required to apply through the State Administration of Taxation (SAT) of PRC and a subsequent amendment fee at RMB500 will be levied.

5. For payment settlement at our Hong Kong office, customer is required to specify the payment office correctly at the time of SI submission, otherwise SI amendment fee at RMB400 will be incurred.

Should you have any queries, please feel free to email or contact our customer service department.  For more information, please visit our website - www.oocl.com


*Note: 'South China' includes Guangdong, Guangxi, Guizhou, Hainan & Yunnan Province