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.
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