Embodied in the VAT invoice is that the invoice showing the name of its own company in the column of purchasing unit and the name of the other company in the column of sales unit is the input invoice. On the contrary, it is to output invoices.
Invoices are invoices, and the so-called inputs and outputs are all for sales, which only refers to value-added tax. If the invoice we get from the purchase of goods is a special VAT invoice, then it is an input invoice for the buyer and an output invoice for the seller. We buy invoices, and the special VAT invoices will indicate the tax, which can be deducted. You pay VAT every month, which is the total tax recorded on the sales invoice minus the total tax indicated on the input invoice.
The method of deduction is as follows:
(1) 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. Input tax calculation formula: input tax = purchase price × deduction rate.
(4) Where goods are purchased or sold in the course of production and business operation and transportation expenses are paid, the input tax shall be calculated according to the transportation expenses amount indicated in the transportation expense statement and the deduction rate of 7%. Input tax calculation formula: input tax = transportation expense amount × deduction rate.
Input tax calculation formula: input tax = purchase price × deduction rate.
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.
I hope the above content can help you. Please consult a professional lawyer if you have any other questions.
Legal basis: Measures for the Administration of Invoices in People's Republic of China (PRC).
Nineteenth units and individuals that sell goods, provide services and engage in other business activities receive money from foreign operations, and the payee shall issue an invoice to the payer; Under special circumstances, the payer will issue an invoice to the payee.
Article 20 All units and individuals engaged in production and business activities shall ask the payee for invoices when they pay for goods, services and other business activities. When obtaining the invoice, you are not allowed to change the name and amount.