The next oil price adjustment is scheduled for August 28 at midnight. As of today, the first working day of the 10-day statistical cycle has been completed. Due to the significant rise in international oil prices last week, the current international crude oil change rate has reached 3.42%. This is expected to increase oil prices by 190 yuan per ton. Based on this increase, the price of gasoline and diesel for grades like 92 and 95 will rise by 0.14 yuan to 0.17 yuan per liter.

Starting November 1, 2026, all gas stations nationwide must implement a "transaction-to-invoice" policy. The State Taxation Administration recently issued an announcement regarding the comprehensive promotion of "transaction-to-invoice" in the refined oil retail sector. The announcement clarifies that from November 1, 2026, all refined oil retail gas stations must fully adopt the "transaction-to-invoice" system, ensuring seamless integration between fuel transactions and invoice issuance.

What is "Transaction-to-Invoice"?

According to the announcement, "transaction-to-invoice" means that after a refined oil retail gas station completes a fuel sale transaction, based on the transaction data, it will immediately issue a fully digital electronic invoice to the buyer through the tax authority's "Leqi" platform. The "transaction-to-invoice" system covers various transaction scenarios in the refined oil retail sector, including payments made by buyers through third-party payment platforms, internet platforms, fuel cards, or cash.

Scenario One: Third-Party Payment

When a buyer pays for fuel at a gas station using a third-party payment platform, an invoice should be automatically generated by the Leqi platform after the payment is completed. For example, after natural person A refuels at gas station F and pays 200 yuan by scanning a QR code on a payment platform, the Leqi platform will aggregate transaction data (fuel type, quantity, unit price) and payment amount (200 yuan) to automatically generate a standard VAT invoice. Person A can preset the invoice header information; if not preset, the default header will be "Individual."

Scenario Two: Internet Platform Payment

When a buyer refuels at a gas station and pays through an internet platform to complete the transaction, the internet platform will immediately issue an invoice to the buyer, with the gas station as the seller. For example, natural person A searches for gas station G on internet platform X, pays 200 yuan after refueling, and the platform automatically generates a standard invoice with the seller field listed as gas station G and the total price and tax field as 200 yuan.

Scenario Three: Fuel Card Payment

When a buyer recharges a fuel card at a gas station and the amount is automatically deducted when refueling, the buyer can choose to either receive a non-taxable ordinary invoice at the time of recharge or a standard or special VAT invoice at the time of refueling. Only one option can be selected. For example, natural person A recharges 1,000 yuan at gas station H to get a fuel card and uses it to refuel for 200 yuan. Person A can choose to receive an invoice for the recharge amount, generating a non-taxable ordinary invoice with the seller field as gas station H and the total as 1,000 yuan; subsequent fuel use will not generate invoices. Alternatively, Person A can choose to receive an invoice for each refueling. In this case, no invoice is issued for the recharge (the system will mark the 1,000 yuan recharge), and an invoice is generated for each refueling transaction, such as 200 yuan, until the recharge amount is fully used up.

Scenario Four: Cash, Credit, or Bank Transfer Payment

When a buyer pays for fuel at a gas station using cash, credit, or corporate bank transfer, the gas station must issue an invoice to the buyer through the Leqi platform based on the actual transaction data. For example, company B refuels at gas station J (Leqi self-use) and pays 200 yuan in cash. After refueling, the system automatically generates a standard or special VAT invoice for 200 yuan. Or, company B refuels at gas station K (Leqi joint-use) and pays 200 yuan in cash. Here, gas station K must manually enter payment information to generate the invoice through the Leqi joint platform.

For a long time, consumers have faced challenges such as needing to provide information each time and difficulty in obtaining invoices after the fact when refueling. A spokesperson from the State Taxation Administration's Department of Tax Collection and Technology Development stated that promoting the "transaction-to-invoice" model can deeply integrate the entire fuel transaction process. After the consumer completes payment, the invoice is automatically generated and delivered directly to the consumer, which can prevent gas stations from refusing to issue invoices, issuing incomplete invoices, or issuing incorrect invoices. The new "transaction-to-invoice" model breaks down data barriers between systems, eliminating the need for staff to enter or review information, thereby reducing the workload for gas station personnel.

The announcement requires that all refined oil retail gas stations achieve the "transaction-to-invoice" capability by November 1, 2026. Those that fail to do so by the deadline will be ordered to correct the issue by tax authorities and will be dealt with according to relevant laws and regulations. The announcement emphasizes that tax authorities will strictly investigate and penalize gas stations that use non-business payment codes to evade tax supervision. Once discovered, the station will be ordered to correct the issue, fined up to 10,000 yuan, and have illegal gains confiscated. If the actions constitute tax evasion, the unpaid or underpaid taxes, late fees, and additional fines will also be recovered in accordance with the law.