General invoices issued on a small scale can be used by general taxpayers

Small-scale general invoices can be used by general taxpayers. Small-scale taxpayers refers to small-scale taxpayers in line with the definition of the People's Republic of China *** and the State Taxation Administration Law, the main characteristics of which are: operating business income generally does not exceed 5 million yuan, input tax does not exceed 500,000 yuan, and does not levy value-added tax. Small-scale taxpayers can issue ordinary invoices, which can be used for reimbursement, can be used as vouchers for expenditures and can be declared for tax exemptions and reductions. Ordinary invoices, like VAT invoices, are tax declaration and tax payment vouchers. Small-scale taxpayers also need to correctly categorize the invoices into the tax statements filed by the tax department after receiving them, so that they can pay the tax in time.

General taxpayers are allowed to receive small ordinary invoices, but general taxpayers receive ordinary invoices, in general, can not deduct the corresponding input tax, can only be accounted for by the price of tax, such as from small-scale enterprises to purchase inventory, to obtain the ordinary invoices, do the accounting entries are borrowing: inventory commodities goods (tax-inclusive), credit: bank deposits and so on.

Legal basis:

Article 21 of the Provisional Regulations of the People's Republic of China on Value-added Tax (VAT)

Taxpayers who engage in taxable sales behavior should issue VAT invoices to the purchaser who asks for a VAT invoice, and indicate the sales amount and the output tax amount on the VAT invoice respectively.

Value-added tax invoices shall not be issued under any of the following circumstances:

(1) if the purchaser of the taxable sales is an individual consumer;

(2) if the taxable sales are subject to tax exemption.