In order to relieve the pressure of enterprises and respond to the call of the state, with regard to the Notice of the State Ministry of Finance and the State Administration of Taxation on Adjusting the VAT Rate (CS (2018) No. 32), our company has determined that since May 1, 2018, the supply price for the original agents (dealers) will be adjusted from the original price to:
Calculated according to the new unit price including tax (16%)=original unit price including tax/1.17 * 1.16. At the same time, from May 1, 2018, the special VAT invoice will be issued according to the new tax rate.
Note: From 0:00 on May 1, 2018 to 0:00 on May 5, 2018, for the goods purchased by the customer at the original price, our company will calculate them at the new tax inclusive price, and we will return the surplus purchase money to the other party's corporate account in succession within this month.
Our company will continue to firmly adhere to the basic principle of cooperation with the vast number of agents in China, and make due contributions to the front-line engineers and the intelligent cause!
Yanmei Nanjing Technology Co., Ltd
May 5, 2018