What does it mean to verify the invoice type?

The verification of invoice types refers to the process that taxpayers apply to their tax bureaus for verification of the types and quantities of invoices and the maximum invoiced amount of each invoice. Taxpayers need to fill out a form, including the type and quantity of invoices applied for and the maximum invoiced amount of each invoice. The tax bureau will check the type, quantity and maximum invoiced amount of each invoice according to the taxpayer's production and operation.

What is an invoice?

Invoice is a legal document used to record transactions and declare taxes. It is a receipt issued by the seller to the buyer to confirm the transaction amount, details of goods or services and related taxes and fees. Invoices have legal effect and can be used as the basis for taxpayers to pay taxes and reimburse expenses. Invoices usually include important information such as invoice header, invoice code, invoice number, transaction item, amount, tax rate and tax amount. Taxpayers need to properly keep invoices for tax declaration, tax inspection and related reimbursement.