Invoice Issuance. 1. The Borrower may apply to the Lender for a value-added tax invoice (□ special VAT invoice / □ ordinary VAT invoice) after the Lender confirms receipt of payment. The Lender shall issue the VAT invoice upon receiving the Borrower’s application. 2. The Borrower may apply for the VAT invoice at the relevant business handling institution or other institution designated by the Lender. 3. The Borrower must ensure that the payer, contract signatory, and purchaser listed on the VAT invoice are the same tax entity. If inconsistent, any resulting inability to record the invoice or deduct input tax shall be borne by the Borrower. 4. If the Borrower loses the invoice after receiving it, the Lender is not obligated to reissue a VAT invoice. 5. If the Lender provides a discount to the Borrower upon negotiation, the VAT invoice amount shall reflect the discounted price. 6. If the Lender provides free services to the Borrower, no VAT invoice shall be issued. 7. The Lender shall issue the VAT invoice to the Borrower, and the Borrower shall promptly verify the invoice information. If the information is incorrect, the Borrower shall promptly request the Lender to reissue the VAT invoice.
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Sources: Working Capital Loan Contract (SHENGFENG DEVELOPMENT LTD)
Invoice Issuance. 1. The Borrower borrower may apply to the Lender lender for the issuance of a value-added tax VAT invoice (□ VAT special VAT invoice / □ ordinary ■ VAT normal invoice) after the Lender lender confirms receipt of the payment. The Lender lender shall issue the a VAT invoice to the borrower upon receiving receipt of the Borrowerborrower’s applicationapplication for the issuance of a VAT invoice.
2. The Borrower may borrower can apply for the issuance of VAT invoice invoices at the relevant corresponding business handling institution processing agency or other institution institutions designated by the Lenderlender.
3. The Borrower must ensure borrower needs to confirm that the payerpayer of the payment, contract signatorythe signatory of the contract, and the purchaser listed on the VAT invoice are the same tax entitytaxpayer. If inconsistentthere is inconsistency, any resulting inability which results in the borrower being unable to record the invoice or deduct input tax in accordance with the law, the relevant losses shall be borne by the Borrowerborrower.
4. If the Borrower borrower loses the invoice after receiving obtaining it, the Lender is lender does not obligated need to reissue issue a supplementary VAT invoice.
5. If the Lender lender provides a discount to the Borrower upon borrower through negotiation, the amount of the VAT invoice amount issued shall reflect be based on the discounted price.
6. If the Lender lender provides free services to the Borrowerborrower, no the lender will not provide VAT invoice shall be issuedinvoices.
7. The Lender lender shall issue the a VAT invoice to the Borrowerborrower, and the Borrower borrower shall promptly verify the invoice information. If the invoice information is incorrect, the Borrower borrower shall promptly request apply to the Lender lender to reissue the VAT invoice.
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