According to Article 2 of Annex 2 of the Notice on Incorporating Railway Transportation and Postal Services into the Pilot Project of Changing Business Tax to VAT (Cai Shui [20 13] 106), the former VAT taxpayer [refers to the money paid in accordance with the Provisional Regulations on Value-added Tax in People's Republic of China (PRC) (hereinafter referred to as the Provisional Regulations on Value-added Tax).
1. The input tax on motorcycles, automobiles and yachts for which the original general VAT taxpayer collects consumption tax for his own use can be deducted from the output tax.
2. The original VAT general taxpayer accepts the taxable services provided by the pilot taxpayer, and the input tax of the following items shall not be deducted from the output tax:
(1) Taxable items, non-VAT taxable items, VAT-exempt items, collective welfare or personal consumption that are subject to the simple taxation method, and the patented technology, non-patented technology, goodwill, trademark, copyright and tangible movable property lease involved only refer to the patented technology, non-patented technology, goodwill, trademark, copyright and tangible movable property lease dedicated to the above items.
The above-mentioned non-VAT taxable items refer to the non-VAT taxable items mentioned in Article 10 of the Provisional Regulations on Value-Added Tax, but do not include the items listed in the Notes on the Scope of Taxable Services.
According to the above regulations, the input tax of private cars purchased by enterprises can be deducted. However, it does not apply to simple tax calculation methods, non-VAT taxable items, VAT tax-free items, collective welfare or personal consumption.
Motor vehicle retail enterprises sell motor vehicles to general VAT taxpayers, and the taxpayer identification number of the buyer shall be filled in the column of "ID number/organization code" of the unified invoice for motor vehicle sales. The uniform invoice for motor vehicle sales can only be deducted after certification.
Extended data:
Determination of car entry value and depreciation;
1. The car purchased by the company is justified, and the input tax can be deducted.
2. Vehicle purchase tax is a one-time tax paid by the purchaser, which is part of the purchase cost of two vehicles. Other items that should be included in the book value of fixed assets vehicles include purchase price, registration fee and other decoration fees.
3. Insurance premium, whether it is comprehensive insurance or compulsory insurance, is not the purchase cost of the vehicle, but the normal expenditure during the use of the vehicle.
4. Taxes and surcharges generally include travel tax and stamp duty.
In the case of confirming that the recorded value of the automobile is correct, it is suggested to carry out depreciation and amortization according to the amortization period stipulated in the tax law to avoid tax difference. Related depreciation expenses can be included in the profit and loss account according to the purpose of the car.
Debit: manufacturing expenses/management expenses-depreciation expenses
Credit: accumulated depreciation
State Taxation Administration of The People's Republic of China, People's Republic of China (PRC)-Notice on Incorporating Railway Transportation and Postal Services into the Pilot Project of Changing Business Tax to Value-added Tax