Bank loan invoices can only be processed if the developer issues a copy of the full invoice. After bank loans and other bank loans, developers will also issue invoices. Buying a house with a loan is equivalent to a bank borrowing money from a developer to buy a house. The developer actually receives the full amount, but the bank loan has an approval process, and the developer will only lend the money after the money is approved to the developer account.
Article 31 of the Measures for the Administration of Invoices in People's Republic of China (PRC) stipulates that all units engaged in production and business operations must issue invoices when collecting money. Without exception, the tax authorities have the right to treat certain industries leniently. The interest charged by banks belongs to VAT taxable behavior. Therefore, an invoice must be issued. If it is not issued, it is illegal.