The value-added tax rate is the ratio of the value-added tax amount to the sales of goods or taxable services, and it is the scale for calculating the value-added tax amount of goods or taxable services. According to the current VAT laws and regulations, enterprises can deduct the VAT amount indicated in the special VAT invoice. VAT paid for public utilities is input tax. Value-added tax on electricity charges belongs to the management department and is included in the management expenses, and belongs to the sales department and is included in the sales expenses. Power generation and power supply enterprises with independent accounting shall also report the original tax registration certificate to the local competent tax authorities where the power generation and power supply enterprises prepay value-added tax.
Electric power enterprises should handle tax registration and declare value-added tax in accordance with the relevant provisions of the current value-added tax. Power generation and power supply enterprises that pay value-added tax in advance shall be handled in accordance with the following provisions:
1, power generation and power supply enterprises that prepay value-added tax shall report the original tax registration certificate to the local tax authorities in charge of independent accounting step by step when handling tax opening, change and cancellation registration;
2. When the power generation and power supply enterprises prepay the value-added tax, they should summarize the input tax amount of value-added tax, on-grid electricity, sales of power products, sales of other products, out-of-price expenses, pre-tax amount, tax inspection, etc., fill in the Transmission Form of Output Tax and Input Tax of Value-added Tax for Power Enterprises (the format is attached, hereinafter referred to as the transmission form), and after being signed and confirmed by the competent tax authorities, summarize it step by step according to the affiliation and report it to the power generation and power supply enterprises with independent accounting. The tax authorities responsible for the early stage of land acquisition must also forward the confirmed Transfer Bill to the local tax authorities in charge of the independent accounting power generation and power supply enterprises that conduct VAT settlement in the month of collection;
3. Power generation and power supply enterprises that handle the final settlement of value-added tax shall, in accordance with the uniform provisions on value-added tax declaration, summarize and calculate all the output tax, input tax, tax payable and tax refundable (exempted) of the enterprise, and report and pay taxes to the competent tax authorities in the month following the end of the tax period of this month;
4. The local competent tax authorities of power generation and power supply enterprises that pay VAT in advance shall regularly check the tax payment of their affiliated enterprises. If it is found that the declaration is false, the tax shall be paid in full at the applicable tax rate on the spot, and the inspection situation and results shall be communicated to the local competent tax authorities of the independent accounting power generation and power supply enterprises where the value-added tax is settled. After receiving the letter from the tax authorities before land acquisition, the local competent tax authorities of the independent accounting power generation and power supply enterprises shall urge the power generation and power supply enterprises to adjust their declaration forms. For the value-added tax checked in advance, the power generation and power supply enterprises with independent accounting can deduct it when settling the value-added tax.
To sum up, if the county-level power supply enterprises affiliated to independent accounting power supply enterprises can account for sales, the value-added tax of power supply links shall be calculated according to the approved pre-levy rate, and the input tax shall not be deducted, and tax shall be declared to the local competent tax authorities; If the sales volume cannot be accounted for, the value-added tax of the power supply link shall be paid in advance by the power supply enterprise at the next higher level.
Legal basis:
Article 2 of the Provisional Regulations of People's Republic of China (PRC) on Value-added Tax.
VAT rate:
(1) Unless otherwise specified in items 2, 4 and 5 of this article, the tax rate of taxpayers selling goods, services, tangible movable property leasing services or imported goods is 17%.
(2) Taxpayers sell transportation, postal services, basic telecommunications, construction and real estate leasing services, sell real estate, transfer land use rights, and sell or import the following goods at the tax rate of 1 1%:
1. Agricultural products such as grain, edible vegetable oil and edible salt;
2 residents tap water, heating, air conditioning, hot water, gas, liquefied petroleum gas, natural gas, dimethyl ether, biogas, coal products;
3 books, newspapers, magazines, audio-visual products and electronic publications;
4. Feeds, fertilizers, pesticides, agricultural machinery and plastic films;
5. Other goods specified by the State Council.