Chinese members please help: What is a fapiao and do I need one?

[CriticalThought]

At checkout at an online Chinese store, I was presented with the options:

1. e-fapiao
2. VAT fapiao

There is a further choice of

a. Personal fapiao
b. Business fapiao

What does this mean, and do I even need this fapiao thing?

 

[CriticalThought]

@wanglaokan @Beast @long_

 

[Arsalan 345]

One of the more complex elements of relocation inChina is a “fapiao.” A fapiao is an official invoice issued by the Chinese Tax Bureau (but provided by the seller) for any goods or services purchased within the country. The Chinese government uses these invoices to track tax payments and deter tax evasion.

 

[帅的一匹]

At checkout at an online Chinese store, I was presented with the options:

1. e-fapiao
2. VAT fapiao

There is a further choice of

a. Personal fapiao
b. Business fapiao

What does this mean, and do I even need this fapiao thing?

e-fapiao=electronic invoice
VAT-fapiao=value added tax invoice
personal fapiao= your name on the invoice
business fapiao= your comapany name on the invoice(apply for reimbursement by employee)

 

[ptldM3]

I don't think some people know the slang for "fap".

 

[CriticalThought]

e-fapiao=electronic invoice
VAT-fapiao=value added tax invoice
personal fapiao= your name on the invoice
business fapiao= your comapany name on the invoice(apply for reimbursement by employee)

If I am not living in China, I don't need it, right?

 

[jhungary]

At checkout at an online Chinese store, I was presented with the options:

1. e-fapiao
2. VAT fapiao

There is a further choice of

a. Personal fapiao
b. Business fapiao

What does this mean, and do I even need this fapiao thing?

Fapiao is a bad translation from Chinese to English, in Chinese, it's 发票, where as in English, it's Invoices

So, basically, it's E-invoices and VAT invoices (you need this one for GST by the way) and Personal Invoice and Business Invoice (You need this if you are buying for business)

If I am not living in China, I don't need it, right?

You need the VAT one, everything bought overseas to Australia are now subject to 10% GST, and if you want to claim the item in tax for your business on June 30, then you will need both VAT invoice and Business Invoice.

 

[Foxtrot Delta]

At checkout at an online Chinese store, I was presented with the options:

1. e-fapiao
2. VAT fapiao

There is a further choice of

a. Personal fapiao
b. Business fapiao

What does this mean, and do I even need this fapiao thing?

Lol they wrote fapiao literal mandarin. It should be written as a receipt or an invoice.

 

[艹艹艹]

If I am not living in China, I don't need it, right?

Ignore those options. They have no effect on you
happy shopping

 

[CriticalThought]

Fapiao is a bad translation from Chinese to English, in Chinese, it's 发票, where as in English, it's Invoices

So, basically, it's E-invoices and VAT invoices (you need this one for GST by the way) and Personal Invoice and Business Invoice (You need this if you are buying for business)



You need the VAT one, everything bought overseas to Australia are now subject to 10% GST, and if you want to claim the item in tax for your business on June 30, then you will need both VAT invoice and Business Invoice.

Many thanks. Problem is, I already selected the electronic invoice option but it's for personal use. Is this OK?

 

[艹艹艹]

Many thanks. Problem is, I already selected the electronic invoice option but it's for personal use. Is this OK?

ok
Your shopping behavior is a private purchase

 

[Foxtrot Delta]

Many thanks. Problem is, I already selected the electronic invoice option but it's for personal use. Is this OK?

Just a reciept like the one u get at an atm after withdrawal or purchasing items at a store i usually throw em in the rubish bin later when i empty my wallet. Or email if they are digital.

They are useful for refunds or conflict resolution. But genrrally u seldom need em.

What chinese store is it? Taobao?

 

[jhungary]

Many thanks. Problem is, I already selected the electronic invoice option but it's for personal use. Is this OK?

Not going to say that for sure, but if your invoice did not have VAT add on to your total value, ATO may charge GST (as there are no verification that has been paid) for your item on arrival to Australia.

But then if they don't see it or don't care, they may not do anything.

Personal purchase would still incur GST from overseas vendor. If you buy anything from overseas, you are liable to pay GST. But whether or not they will look at it is another matter, normally, I will say if this item is small and inexpensive, they don't care, so chances are you may not receive a GST hold (Which basically the Post Office holding your item until you pay the 10% at Post office) but not surprise if those A-Hole in ATO really do go by the book and send you one lol....

 

[艹艹艹]

Just a reciept like the one u get at an atm after withdrawal or purchasing items at a store i usually throw em in the rubish bin later when i empty my wallet.

me too

 

[CriticalThought]

Just a reciept like the one u get at an atm after withdrawal or purchasing items at a store i usually throw em in the rubish bin later when i empty my wallet. Or email if they are digital.

They are useful for refunds or conflict resolution. But genrrally u seldom need em.

What chinese store is it? Taobao?

Nahh it's a store that works out of China for the APAC region.

Not going to say that for sure, but if your invoice did not have VAT add on to your total value, ATO may charge GST (as there are no verification that has been paid) for your item on arrival to Australia.

But then if they don't see it or don't care, they may not do anything.

Personal purchase would still incur GST from overseas vendor. If you buy anything from overseas, you are liable to pay GST. But whether or not they will look at it is another matter, normally, I will say if this item is small and inexpensive, they don't care, so chances are you may not receive a GST hold (Which basically the Post Office holding your item until you pay the 10% at Post office) but not surprise if those A-Hole in ATO really do go by the book and send you one lol....

Thanks! I ll be a more informed buyer next time.