增值税专用发票 (Special VAT Fapiao)

The deductible fapiao variant, as opposed to the general fapiao.

Definition

Issued only by general taxpayers, the 专用发票 shows the net base and VAT separately, plus each party's tax code, address and bank account. The general fapiao (增值税普通发票) carries no deduction right.

Origin

Governed by the VAT-administration rules of the State Taxation Administration; now issued as a special 全电发票 via the national platform.

Example in context

Seller (general taxpayer) → buyer: net base CNY 100,000, VAT 13% = CNY 13,000 shown separately; the buyer deducts CNY 13,000 from its output VAT.

Related terms

• 全电发票 (e-fapiao) — the dematerialized carrier of the special fapiao.
• Golden Tax Phase IV — matches the special fapiao issued and deducted.