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[SMM Express] tax system upgrade involves a small uptick in a number of regions in East China
Oct 18,2019 10:41CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM10, 18 Jun: in order to further optimize tax payment services and enhance the quality and efficiency of VAT invoice management systems for taxpayers, some local tax bureaus will upgrade the VAT invoice management system in accordance with the unified deployment of the State Administration of Taxation. At that time, the relevant information system will be shut down, and the business associated with VAT invoice will be suspended, involving a number of provinces, cities and regions, such as East China.

The start and end times of the suspension of VAT tickets in different provinces and cities are not exactly the same. They will stop at 0: 00 on October 25 at the earliest and resume normal business around 8: 00 a.m. on November 4 at the latest.

Therefore, recently, due to the upgrading of VAT ticketing system, the spot market has been affected to a certain extent. At the same time, due to the decline in prices in October, to a certain extent, stimulate downstream inquiry, buying better, superimposed ticketing related situation, rising water has gone higher.

However, due to today's Friday, the purchase is expected to be restrained, and it is difficult for the holder to raise the water again, so it is expected that the rising water in Shanghai will rise slightly by 20 yuan / ton today.

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