Invoices containing input tax in VAT are called input invoices.
When a taxpayer purchases goods or accepts taxable services, the value-added tax paid or borne is the input tax.
Input tax deduction methods are:
1, the VAT indicated on the special VAT invoice obtained from the seller;
2. Value-added tax indicated on the tax payment certificate obtained from the customs;
3. For purchasing agricultural products, in addition to obtaining special invoices for value-added tax or special payment letters for customs import value-added tax, the input tax shall be calculated according to the purchase price of agricultural products and the deduction rate 13% indicated on the purchase invoices or sales invoices of agricultural products.
4. In the process of production and operation, if goods are purchased or sold and transportation expenses are paid, the input tax shall be calculated according to the amount of transportation expenses indicated in the transportation expense statement and the deduction rate of 7%.
The authentication of VAT input invoices is carried out in the authentication system of tax authorities. After the taxpayer obtains the VAT input invoice, he can go to the lobby of the tax authorities to authenticate the VAT invoice. The purpose of certification is to confirm the authenticity of VAT invoices, and only certified invoices can be deducted. The process of authentication is very simple. You just need to prepare the invoice and take it to the national tax declaration hall. Tax officials will scan the invoice information into the system, and the system will automatically compare it to confirm the authenticity of the invoice. In areas where online certification has been developed, taxpayers can scan their own invoices and send the data files to the tax authorities to complete the certification. The time limit for the certification of VAT invoices is 180 days from the date of invoicing, and the certified invoices can be certified in online certification or the tax bureau. Invoices certified in the current month must be deducted in the current month. Otherwise, no points will be deducted.
"Provisional Regulations on Value-added Tax in People's Republic of China (PRC)" Article 8 The value-added tax paid or borne by taxpayers for purchasing goods, labor services, services, intangible assets and real estate is the input tax.
The following input taxes are allowed to be deducted from the output tax:
(1) VAT indicated on the special VAT invoice obtained from the seller.
(2) The value-added tax indicated in the special payment book for customs import value-added tax obtained from the customs.
(3) For purchasing agricultural products, except for obtaining special VAT invoices or customs import VAT payment letters, the input tax shall be calculated according to the purchase price of agricultural products and the deduction rate 1 1% indicated in the purchase invoices or sales invoices of agricultural products, unless otherwise stipulated by the State Council. Input tax calculation formula: input tax = purchase price x deduction rate.
(4) Value-added tax indicated on the tax payment certificate for withholding and remitting taxes obtained from tax authorities or withholding agents when purchasing labor services, services, intangible assets or domestic real estate from overseas units or individuals.
The adjustment of deduction items and deduction rate shall be decided by the State Council.