Core Viewpoint - The article emphasizes the importance of correctly selecting tax classification codes for goods and services to ensure compliance with tax regulations and avoid penalties [4][7][30]. Tax Classification Code Overview - Tax classification codes are essential for linking goods and services to the appropriate tax rates when issuing invoices, facilitating better tax management and data analysis by tax authorities [4]. - Since May 1, 2016, taxpayers must use the new system to select corresponding codes for issuing VAT invoices [6]. Impact of Incorrect Code Selection - Incorrect selection of tax classification codes can lead to invalid invoices, which cannot be used for financial reimbursement, and may result in fines up to 10,000 yuan [7]. - Taxpayers are required to correct any discrepancies identified by tax authorities, with penalties for failure to do so, including fines and potential criminal charges for malicious code selection [8]. Code Selection Techniques - Directly inputting keywords related to the invoiced items is the simplest method for finding the correct codes [19]. - Simplifying complex terms and using synonyms can help in identifying the right classification codes [21][22]. - Utilizing the "intelligent coding" feature in invoicing software can assist in selecting appropriate codes based on previous entries [11][20]. Common Errors in Code Selection - Common mistakes include mismatching the nature of the goods or services with the selected codes, such as selecting a service code for a goods invoice [28]. - Failing to distinguish between raw materials, intermediate products, and finished goods can lead to incorrect code selection [29]. Recommendations for Code Selection - It is crucial to select the most specific code available to ensure the correct tax rate is applied [30]. - Using clear and common terminology in invoice descriptions can help avoid confusion and ensure compliance [26].

Core Points - The article discusses the process of correctly selecting the goods and services tax classification code when issuing electronic invoices in accordance with the regulations set by the National Taxation Administration [1][2]. Group 1: Steps for Issuing Electronic Invoices - Step 1 involves logging into the electronic tax bureau and navigating to the invoice business section to maintain invoice information [1]. - Step 2 requires entering the project name, after which the system provides matching goods and tax classification codes for selection and automatic assignment [2]. - Users can also manually search for codes by entering keywords, such as "餐" (meal), to find the appropriate classification code [2]. Group 2: Additional Features - The system offers an intelligent matching feature that provides similar options when entering keywords in the project name field on the blue invoice issuance page [3].

Group 1 - The article emphasizes the importance of using the updated tax classification codes for issuing value-added tax invoices as per the announcement from the State Taxation Administration [3] - It outlines two main pathways for assigning tax classification codes through the electronic invoice service platform, including automatic assignment and manual selection [4][5] - The article provides a step-by-step guide for accessing the electronic invoice service platform and utilizing the relevant modules for tax code assignment [5][6]