Can the consulting service fee VAT invoice be deducted from the input tax?
Input tax can be deducted, and the accounting treatment of special VAT invoices issued by consulting service fees is as follows:
Borrow: management fee-consulting service fee
Debit: Taxes payable-VAT payable-input tax.
Loans: bank deposits/accounts payable
Can the special VAT invoice for training fees be deducted?
Deduction can be certified, but the invoice must be a special VAT invoice. The input tax of the special invoice for training fees is not deductible and can be deducted normally.
What input tax cannot be deducted from output tax?
1. Goods purchased or taxable services used for non-VAT taxable items, VAT-exempt items, collective welfare or personal consumption.
2. Abnormal losses of purchased goods and related taxable services.
3. Goods purchased or taxable services consumed by products in process and finished products with abnormal losses.
4 consumer goods for taxpayers' own use as stipulated by the competent departments of finance and taxation of the State Council.
5. The transportation expenses of goods and the transportation expenses of selling duty-free goods as stipulated in Items (1) to (4) of this article.