Regarding the amendment of the Consumption Tax Law
トキトレーディング 本社
Regarding the increase of the consumption tax rate to 10% We would like to inform you about our basic policy, invoicing, and the temporary suspension period for shipments. ■ Basic Policy ■ 1. In accordance with the amendment to the Consumption Tax Act, a consumption tax rate of 10% will be applied to shipments made after October 1. 2. For estimates already issued by our company that state a consumption tax of 8%, all shipments made after October 1 will be subject to the consumption tax rate of 10%. 3. For inventory items temporarily held by our company with customer consent, all shipments made after October 1 will also be subject to the consumption tax rate of 10%. 4. Our company does not handle products that are eligible for the reduced tax rate due to our business model. ■ Invoicing ■ For shipments from our company to customers dated October 1 or later: – Even for orders placed before September 30, the new tax rate of 10% will apply. – Even for payments made before September 30, we will charge the difference between the old and new tax rates. ■ Temporary Suspension Period for Shipments ■ We will temporarily refrain from shipments during the following period. Purpose: System maintenance for consumption tax compliance and inventory checks. Period: September 30 to October 1.
