According to Article 5 of the Provisions on the Use of Special VAT Invoices
Special invoices shall be subject to the management of maximum invoicing limit. The maximum invoicing limit refers to the upper limit that the total sales amount issued by a single special invoice cannot reach.
The maximum billing limit shall be applied by the general taxpayer and approved by the tax authorities according to law. If the maximum billing limit is below100000 yuan, it shall be examined and approved by the county-level tax authorities; The maximum billing limit is one million yuan, which shall be examined and approved by the municipal tax authorities; If the maximum invoice amount is more than10 million yuan, it shall be examined and approved by the provincial tax authorities. The tax authorities at the county level are responsible for the specific issuance of the anti-counterfeiting tax control system.
The tax authorities shall conduct on-the-spot verification when approving the maximum invoice issuing limit. Approved the use of the maximum billing limit100000 yuan and below, by the county tax authorities sent on-site inspection; Approved the use of the maximum billing limit of one million yuan, by the municipal tax authorities sent on-site verification; If the maximum billing limit is approved as10 million yuan or more, the local tax authorities will send people to conduct on-the-spot verification and report the verification data to the provincial tax authorities for review.
When applying for the maximum billing limit, general taxpayers need to fill in the Application Form for the Maximum Billing Limit (attachment 1).
Note: According to the Announcement of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on the Pilot Collection and Management of Changing Business Tax to Value-added Tax in China (State Taxation Administration of The People's Republic of China Announcement No.39 of 20 13), this article became invalid from August 20 13.