Time of supply – tax points (China)
For taxable sales activities, the basic tax point is the date on which the full payment is made or the receipt of the payment is delivered.
If the invoice is issued in advance, the tax point is the date on which the invoice is issued according to the different methods of settlement as follows:
| Sales of goods under the direct payment method | The tax point is the date on which the sales sum |
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 13:26