Textile Industry "High Levy Low Button" Problem Will Change

< p > the problem of "high levy and low deduction" will be changed for a long time, which is plagued by a href= "//www.sjfzxm.com/news/index_c.asp" > textile industry < /a >.

According to the reporter, Anhui province took the lead in putting lint and cotton yarn into the pilot scale of approved value-added tax of agricultural products, which means that 13% of the input tax will be broken.

Due to the complexity of the calculation method, enterprises will not be able to know the exact figure of the adjustment of the input tax until the tax is paid in March.

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Bulletin of the relevant issues (hereinafter referred to as "bulletin") (2013 Document No. eleventh): since February 1, 2014, the general taxpayers who produce and sell raw cotton, cotton yarn, refined tea and melon seeds as raw materials for purchase of agricultural products are included in the pilot scale of the approved value-added tax deduction for agricultural products. Whether the agricultural products are used for the production of the above products, the input tax of value-added tax is approved according to the relevant provisions of < a href= "//www.sjfzxm.com/news /index_q.asp" > "Ministry of finance's State Administration of Taxation on the verification of deductions for the value-added tax of agricultural products in some industries" (< /a > fiscal 38 [2012]). < p > > according to the Anhui Provincial State Taxation Bureau, Anhui provincial finance department, the pilot project to expand the value-added tax of agricultural products is approved.

The specific classification is as follows: primary processing of agricultural products (Code: A0513, selection of "cotton seed processing" part), cotton yarn processing (Code: C1711).

Deduction method: the pilot taxpayers purchase agricultural products, produce and sell lint, cotton yarn, refined tea and melon seeds. According to the notice of the Ministry of Finance and the State Administration of Taxation on the approved deduction method of the tax deduction for agricultural products value-added tax in some industries (fiscal 2012 [38]), 1, the "input output method" provisions of the fourth implementation of the "input output method" in the implementation of the approved pilot deduction scheme for the value-added tax of agricultural products. Verification

The pilot taxpayer purchases and sells the above products according to the current sales situation of the main products, and calculates the VAT input tax that is allowed to be deducted.

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< p > the "announcement" clearly stipulates the deduction standard (quantity of agricultural product consumption): lint (per ton) is calculated according to the 2.7 unit seed cotton consumption per unit quantity; combed cotton yarn (per ton) is calculated according to the 1.4 unit seed cotton consumption per unit quantity; the combed cotton yarn (per ton) is calculated according to the 1.1 unit seed cotton unit consumption quantity.

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< p > in addition, according to the announcement of the Hebei Provincial Department of finance of the Hebei Provincial Department of Finance on the issue of expanding the pilot industry of the value-added tax input tax for agricultural products (No. first in 2014), the "seed cotton processing", "< a href=" //www.sjfzxm.com/business/ "> down production < /a > are included in the pilot industry of approved deduction. It is stipulated that the general tax payers who engage in" seed cotton processing "," starch processing "(corn, potato as raw materials)," leather tanning processing "," biomass power generation "and" down production "shall be approved and deducted, and the agricultural products approved deduction shall be input-output method, and the unified approved deduction standard of the whole province shall be implemented.

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